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Fly News Breaks for June 17, 2016
SNH
Jun 17, 2016 | 06:39 EDT
RBC Capital analyst Michael Carroll upgraded Senior Housing to Outperform and increased its price target to $23 from $18. Senior Housing management indicated it plans to sell a joint-venture interest in tow office properties located in Boston, the analyst wrote in a note. Carroll expects significant gains from the sale, which will improve the company's stretched leveraged metrics.
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