Fly News Breaks for February 11, 2020
Feb 11, 2020 | 06:12 EDT
BofA analyst Michael Funk downgraded CoreSite Realty to Underperform from Neutral with a price target of $100, down from $130. The analyst believes that the REIT's "premium" valuation is unwarranted given its "persistently low FFO growth and uncertainty related to elevated customer churn."
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