Wells Fargo Downgrades Omega Healthcare Invts to Equal-Weight, Announces $32 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wells Fargo analyst Connor Siversky has downgraded Omega Healthcare Invts (NYSE:OHI) from Overweight to Equal-Weight and set a price target of $32.
July 26, 2023 | 9:57 am
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Omega Healthcare Invts has been downgraded by Wells Fargo from Overweight to Equal-Weight, with a new price target of $32.
The downgrade from Overweight to Equal-Weight by Wells Fargo indicates a less optimistic outlook for Omega Healthcare Invts. This could potentially lead to a decrease in the stock's price in the short term. The new price target of $32 also provides a benchmark that investors may use to adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100