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Fly News Breaks for December 2, 2019
STWD
Dec 2, 2019 | 07:24 EDT
Wells Fargo analyst Donald Fandetti initiated coverage of Starwood Property with an Outperform rating and $26 price target. In a research note to investors, Fandetti says he views Starwood Property as one of the hest positioned commercial real estate finance companies that also has a history of successfully incubating new businesses. The analyst sees 15%+ total return potential, including the 8% dividend yield.
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