tiprankstipranks
Healthcare Realty Trust downgraded to Neutral from Outperform at Credit Suisse
The Fly

Healthcare Realty Trust downgraded to Neutral from Outperform at Credit Suisse

Credit Suisse analyst Tayo Okusanya downgraded Healthcare Realty Trust to Neutral from Outperform with a price target of $20, down from $23. The analyst believes further merger synergies "may be slower to come." The firm is no "less enthusiastic" about Healthcare Realty’s future growth. The loss of the Healthcare Trust leasing team has it worried about the company’s ability to drive up occupancy in the portfolio, and it continues to worry about the impact of rising inflation on operating expenses.

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on HR:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles