Wells Fargo Downgrades Medical Properties Trust to Underweight, Announces $4 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Connor Siversky has downgraded Medical Properties Trust (NYSE:MPW) from Equal-Weight to Underweight and set a price target of $4.
October 16, 2023 | 11:19 am
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Medical Properties Trust has been downgraded by Wells Fargo from Equal-Weight to Underweight with a new price target of $4.
The downgrade from Wells Fargo is likely to negatively impact the stock price of Medical Properties Trust in the short term. The new price target of $4 also suggests a bearish outlook for the stock.
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IMPORTANCE 80
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