By: Benzinga
UPDATE: Deutsche Bank Downgrades Mack-Cali Realty to Hold on Announced Dividend Cut
In a report published Tuesday, Deutsche Bank analyst Vin Chao downgraded the rating on Mack-Cali Realty Corp. (NYSE: CLI ) from Buy to Hold, and slightly lowered the price target from $29.00 to $28.00. In the report, Chao noted, “While the cut itself may not have been entirely surprising, in
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