Evercore ISI analyst Steve Sakwa downgraded Community Healthcare to In Line from Outperform with a price target of $32, down from $36. The firm cites narrowing accretion from the acquisition investment, rising debt costs and compressed REIT valuations.
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Read More on CHCT:
- Community Healthcare Trust Announces Results for the Three Months Ended September 30, 2023
- Community Healthcare reports Q3 adjusted FFO 63c, consensus 63
- CHCT Earnings this Week: How Will it Perform?
- Community Healthcare raises quarterly dividend to 45.5c from 45.25c per share
- Community Healthcare Trust Incorporated Announces Increased Third Quarter Dividend
