Truist lowered the firm’s price target on Omega Healthcare to $31 from $34 and keeps a Hold rating on the shares. The stock may have “gotten a little ahead of itself” on a relative basis, and the healthcare sector has not been as sensitive to interest rate expectations as other real estate property types, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on OHI: