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Fly News Breaks for March 27, 2018
REG
Mar 27, 2018 | 08:02 EDT
Morgan Stanley analyst Richard Hill initiated Regency Centers with an Overweight rating and $65 price target. He is cautious on REITs in general, but higher quality strips are better positioned to mitigate decelerating growth risks, Hill tells investors. Regency owns grocery-anchored properties that are well positioned and the market is pricing in too much deceleration in growth, Hill contends.
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