Fly News Breaks for January 28, 2020
Jan 28, 2020 | 06:22 EDT
BMO Capital analyst John Kim downgraded Aimco to Market Perform from Outperform with a price target of $54, down from $57. The analyst believes that the REIT may trade range-bound or possibly lower because of its exposure to California markets, where the likelihood of passing of Proposition 10 in November will limit rental increases.
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