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In a report published Monday, Morgan Stanley analyst Vance H. Edelson reiterated an Equal-Weight rating on
Columbia Property Trust IncCXP.
In the report, Morgan Stanley noted, “We spent several days on the road with CXP meeting international investors. The quality portfolio, clean balance sheet and cheap valuation are evident, and gradual value creation via highly measured asset recycling is prudent. We place index inclusion odds at 30% in November and 80% in May.”
Columbia Property Trust Inc closed on Friday at $24.06.
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