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Fly News Breaks for April 25, 2018
QTS
Apr 25, 2018 | 19:35 EDT
MUFG analyst Stephen Bursey lowered his price target on QTS Realty to $46 after the company's Q1 earnings miss but kept his Overweight rating, noting that overall core business results were "solid". Bursey adds that the REIT's large-deal performance was especially impressive considering its strategy shift to hyperscale, maintaining his support for the company's decision to "retrench around its core business lines".
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