BUZZ-Hudson's Bay Co: M Partners starts with "buy"
** Canadian retailer's shares up 4 pct at C$17.67
** Analysts at M Partners initiate coverage with "buy" rating and target price of C$35
** Stock has mean price target of C$19.56, according to Thomson Reuters data
** Hudson's Bay could significantly reduce its debt by monetizing its real estate, the analysts wrote in a note
** Company's total liabilities were C$5.55 billion, as of May
** Up to Thursday's close, stock had risen more than 5 pct this year
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