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Easterly Government upgraded to Market Perform from Underperform at BMO Capital

BMO Capital upgraded Easterly Government Properties (DEA) to Market Perform from Underperform with a $25 price target The firm sees the stock’s risk/reward more balanced going forward following the 19.5% pullback year-to-date. Easterly’s recent dividend cut and change in strategy will deliver more attractive earnings growth, the analyst tells investors in a research note.

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