Mizuho Downgrades Medical Properties Trust to Neutral, Lowers Price Target to $9
Portfolio Pulse from richadhand@benzinga.com
Mizuho analyst Vikram Malhotra has downgraded Medical Properties Trust (NYSE:MPW) from Buy to Neutral and lowered the price target from $18 to $9.

August 31, 2023 | 9:30 am
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Medical Properties Trust has been downgraded from Buy to Neutral by Mizuho, with a lowered price target from $18 to $9.
The downgrade from Buy to Neutral by Mizuho indicates a less optimistic outlook for the company. The significant reduction in the price target from $18 to $9 suggests that the analyst believes the stock is overvalued at current levels. This could lead to a negative short-term impact on the stock price.
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IMPORTANCE 80
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