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Fly News Breaks for May 17, 2017
WSR
May 17, 2017 | 08:07 EDT
As previously reported, Baird analyst RJ Milligan downgraded Whitestone REIT to Underperform from Neutral. Milligan cited its capital allocation strategy, which is showing a pattern of value destruction as most acquisitions over the past year have been high-risk and dilutive in year one. Milligan lowered his price target to $10 from $15 on Whitestone REIT shares.
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