Barclays Maintains Overweight on Medical Properties Trust, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Steve Valiquette has maintained an Overweight rating on Medical Properties Trust (NYSE:MPW) but lowered the price target from $12 to $10.
August 22, 2023 | 10:52 am
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Barclays has maintained an Overweight rating on Medical Properties Trust but lowered the price target from $12 to $10.
The news of Barclays lowering the price target for Medical Properties Trust from $12 to $10, while maintaining an Overweight rating, could potentially lead to a short-term decrease in the stock price. This is because the lowered price target may be interpreted by the market as a sign of reduced future performance.
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