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Jefferies has issued a report raising the Price Target of CoreSite Realty COR from $17.00 to $18.00.
According to the report, "2011 FFO/sh guidance of $1.00 to $1.12 vs. pre-earnings consensus at $0.99 reflects the strong underlying multi-year growth story at COR. We expect 10%+ annual FFO/sh growth until at least 2013, driven by development and internal growth as COR benefits from solid data center market fundamentals."
COR has a Buy Rating and closed at $14.77 yesterday.
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Posted In: Analyst ColorPrice TargetAnalyst RatingsCoreSite RealtyHealth CareJefferiesPharmaceuticals
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