Northstar Realty multiple poised to expand over time, says Stifel

theflyonthewall.com

After meeting with Northstar Realty's management, Stifel believes the company's asset management platform is poised for growth, while the company is building sustainable businesses and removing some cyclicality of finance REITs. The firm would be buyers of the stock on weakness, all else being equal, but reiterates a Hold rating.

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