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Federal Realty price target lowered to $110 from $117 at BMO Capital

BMO Capital analyst Juan Sanabria lowered the firm’s price target on Federal Realty (FRT) to $110 from $117 and keeps an Outperform rating on the shares. The firm made changes to its models for a number of REITs due to interest rate changes, recent results, and/or discussions with company management.

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