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Fly News Breaks for May 10, 2017
REG
May 10, 2017 | 09:18 EDT
SunTrust analyst Ki Bin Kim,says that Regency reported "strong" results, driven by a 3.7% increase in its SSNOI, "stable occupancy," and cost synergies. The analyst notes that the company's raised FFO guidance exceeded expectations ,and Kim is most impressed by the company's new top 25 tenant list. According to Kim, the list is "so much stronger" than those of other REIts. The analyst keeps a $77 price target and a Buy rating on the shares.
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