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Healthcare Realty Trust price target lowered to $15 from $18 at Wells Fargo

Wells Fargo lowered the firm’s price target on Healthcare Realty Trust to $15 from $18 and keeps an Equal Weight rating on the shares. The firm remains cautious on HR heading into Q1 earnings. Wells continues to model a more than 100% payout ratio through FY25, representing a key question for investors.

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