EPR Properties price target lowered to $48 from $54 at JMP Securities

JMP Securities analyst Mitch Germain lowered the firm’s price target on EPR Properties to $48 from $54 and keeps an Outperform rating on the shares. EPR Properties’ Q3 report was expectedly messy, though a more predictable earnings stream is anticipated soon as the Regal resolution became effective August 1, while fundamentals backing tenant cash flows remain healthy, the analyst tells investors in a research note.