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Fly News Breaks for August 29, 2016
PPS
Aug 29, 2016 | 07:27 EDT
Raymond James analyst Buck Horne upgraded Post Properties (PPS) to Outperform with a $72.50 price target following the recent merger announcement with MAA Communities (MAA) and aligning its rating with MAA. The analyst does not rule out a competing bid given recent weakness in Post Properties shares.
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