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Modiv price target raised to $19 from $18 at Alliance Global Partners
The Fly

Modiv price target raised to $19 from $18 at Alliance Global Partners

Alliance Global Partners raised the firm’s price target on Modiv (MDV) to $19 from $18 and keeps a Buy rating on the shares after the company’s Q3 AFFO per share was 2c higher than the firm’s estimate and the company raised its common dividend by 1.7%, implying a new yield of 6.8%.

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