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Fly News Breaks for August 12, 2015
RLJ
Aug 12, 2015 | 08:30 EDT
BofA/Merrill downgraded RLJ Lodging Trust to Underperform from Neutral and lowered its price target to $33 from $36. The firm expects underperformance in the New York City portfolio to continue and headwinds in Houston to continue.
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