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Fly News Breaks for January 22, 2016
NYRT, SLG
Jan 22, 2016 | 07:39 EDT
SunTrust upgraded SL Green based on valuation and its belief that the REIT will deliver strong FFO and NAV growth. Additionally, the firm thinks the REIT has declined due to worries that it will buy New York REIT (NYRT), but the firm thinks that such a transaction is unlikely to occur. Target to $135 from $120.
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