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Fly News Breaks for February 19, 2019
UE
Feb 19, 2019 | 09:13 EDT
Evercore ISI analyst Steve Sakwa downgraded Urban Edge to Underperform and trimmed its price target to $20 from $20.50 on near-term NOI headwinds and recent share strength. Sakwa sees few near-term catalysts and said NOI growth will be negative in 2019 primarily due to Kmart closures.
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