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Fly News Breaks for July 19, 2016
RPT
Jul 19, 2016 | 06:26 EDT
As reported previously, Baird downgraded Ramco-Gershenson to Neutral from Buy with a $20 price target. Analyst RJ Milligan said Sports Authority store closures could pressure 2016 and 2017 SSNOI growth and thinks the company could provide disappointing guidance with Q2 earnings. Given the expected moderation and strong share performance to date, Milligan expects minimal multiple expansion.
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