Medical Properties Trust price target lowered to $4 from $4.50 at Stifel

Stifel lowered the firm’s price target on Medical Properties Trust to $4 from $4.50 and keeps a Hold rating on the shares. The company plans to accelerate the collection of unpaid rent from its largest tenant, Steward Health Care, showing the company is in preservation mode rather than in recovery mode, the analyst tells investors. This brings additional risks, the firm believes. Further, rent payments from Stewards will likely be choppy, which will have an unknowable impact on earnings, Stifel adds.