Stifel Downgrades Medical Properties Trust to Hold, Lowers Price Target to $4.5
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stephen Manaker has downgraded Medical Properties Trust (NYSE:MPW) from Buy to Hold and lowered the price target from $12 to $4.5.
November 10, 2023 | 11:09 am
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Medical Properties Trust has been downgraded from Buy to Hold by Stifel, with a lowered price target of $4.5.
The downgrade from Buy to Hold indicates a less optimistic outlook for the company's stock, which could lead to a decrease in demand and potentially a drop in the stock price. The lowered price target also suggests that the analyst believes the stock is currently overvalued, which could further discourage investment.
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