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Fly News Breaks for November 20, 2017
RPAI
Nov 20, 2017 | 05:24 EDT
KeyBanc analyst Todd Thomas upgraded Retail Properties of America to Overweight with a $16 price target. With the company in the "final innings" of its strategic portfolio repositioning program, FFO growth should accelerate in 2018, Thomas tells investors in a research note. He thinks Retail Properties' repositioned portfolio, higher growth and low leverage are not reflected in the stock's current valuation.
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