Piper Sandler lowered the firm’s price target on Community Healthcare to $40 from $50 and keeps an Overweight rating on the shares. While Community Healthcare’s earning call focused on Genesis’ bankruptcy, the firm believes the stock’s underperformance was driven more by lease uncertainty than the likely outcomes.
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Read More on CHCT:
- Community Healthcare downgraded to In Line from Outperform at Evercore ISI
- 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
