BMO Capital Downgrades Northwest Healthcare REIT to Market Perform, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Michael Markidis downgraded Northwest Healthcare REIT (OTC:NWHUF) from Outperform to Market Perform and lowered the price target from C$10 to C$7.
June 26, 2023 | 9:14 am
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Northwest Healthcare REIT downgraded to Market Perform by BMO Capital, with a reduced price target of C$7.
The downgrade from Outperform to Market Perform and the reduction in price target from C$10 to C$7 by BMO Capital analyst Michael Markidis indicate a less optimistic outlook for Northwest Healthcare REIT. This could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100