Fly News Breaks for August 9, 2019
Aug 9, 2019 | 13:05 EDT
Ladenburg analyst John Massocca reiterated a Buy rating and $32 price target on STAG Industrial, calling the company "well positioned for growth even if macro environment becomes more turbulent." Massocca added that, accounting for the REIT's implied cap rate and multiple discount, he continues to view STAG Industrial as "undervalued."
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