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Fly News Breaks for May 2, 2019
TRNO
May 2, 2019 | 17:15 EDT
MUFG analyst Karin Ford raised her price target on Terreno Realty to $45 after its Q1 results that showed "durable industrial demand" and "sector-leading" same-store net operating income growth of 11.1%. The analyst is also positive on the external growth prospects for the REIT, but believes that its current valuation captures his expected growth for the year and keeps a Neutral rating.
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