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Fly News Breaks for July 10, 2019
ROIC
Jul 10, 2019 | 07:12 EDT
As previously reported, KeyBanc analyst Todd Thomas upgraded Retail Opportunity to Overweight from Sector Weight, with a $20 price target. The combination of steady leasing and limited closures/move-outs could drive upside to the company's same store forecast, he contends. The analyst acknowledges that disposition activity may weigh on FFO growth near-term, but Thomas believes core growth appears poised to reaccelerate in mid-2020.
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