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Site Centers price target lowered to $8 from $8.82 at Citi

Citi lowered the firm’s price target on Site Centers (SITC) to $8 from $8.82 and keeps a Neutral rating on the shares following Q3 results. The firm cited a decline in its NAV estimate for its decreased price target Citi added that the tweak of its estimate is due to recent/pending sales and announced special dividends.

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