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Stockland upgraded to Outperform from Underperform at CLSA

CLSA analyst James Druce upgraded Stockland to Outperform from Underperform with a A$3.98 price target. The increased risk of a recession and a sticky inflation environment is "paradoxically good" for the residential real estate investment trusts, the analyst tells investors in a research note.

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Published first on TheFly

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