Goldman Sachs Upgrades Mack-Cali Realty (CLI) to Buy, Likes Low-Risk 7% Dividend Yield

Goldman Sachs upgraded Mack-Cali Realty (NYSE: CLI) from Neutral to Buy with a price target of $28.00.

The firm views the company's 7.0% dividend yield as an attractive return relative to their REIT coverage.

For an analyst ratings summary and ratings history on Mack-Cali Realty click here. For more ratings news on Mack-Cali Realty click here.

Shares of Mack-Cali Realty closed at $25.55 yesterday.

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