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Mack-Cali Realty (CLI) in Focus: Stock Moves 6.4% Higher

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Mack-Cali Realty Corporation was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $19.07 to $19.81 in the past one month time frame.

The company has seen a mixed track record when it comes to estimate revisions of one increase and no decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter hasn’t been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Mack-Cali Realty currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Investors interested in the REIT and Equity Trust - Other industry may consider Outfront Media Inc. (OUT - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is CLI going up? Or down? Predict to see what others think:Up or Down

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