Stifel Nicolaus Downgrades Kilroy Realty (KRC) to Hold
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Stifel Nicolaus downgrades Kilroy Realty Corp. (NYSE: KRC) from Buy to Hold.
The downgrade follows Friday's pricing of 8.75 million shares at $20 per share.
Shares of Kilroy fell more than 2% on the news Friday, but the stock is taking back these losses today, currently up 4.5% to $22.25.
Kilroy Realty Corporation is a privately owned real estate investment trust.
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