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Omega Healthcare upgraded to Outperform from Market Perform at BMO Capital

BMO Capital upgraded Omega Healthcare (OHI) to Outperform from Market Perform with an unchanged price target of $45. The firm expects continued “robust” accretive acquisitions from Omega with its estimates modestly above the Street. The company has a strong balance sheet to drive earnings while its diversified tenant base “limits idiosyncratic credit risk,” the analyst tells investors in a research note.

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