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Fly News Breaks for May 3, 2017
QTS
May 3, 2017 | 06:04 EDT
JPMorgan analyst Richard Choe downgraded QTS Realty Trust to Neutral saying high churn, low signings and back-end loaded book-not-billed revenue will limit near-term growth. The analyst lowered his price target for the shares to $56 from $58 following the "soft" Q1 results.
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