Deutsche Bank Downgrades Kilroy Realty (KRC) to Hold
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Deutsche Bank downgrades Kilroy Realty Corp. (NYSE: KRC) from Buy to Hold and lowers their price target from $65 to $46. The firm said the stock appears fairly valued.
The firm is lowering their FFO per share estimate for 2008 from $3.35 to $3.28 and their 2009 estimate from $3.55 to $3.24.
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