Wedbush Downgrades Healthcare Realty Trust to Neutral, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Richard Anderson downgraded Healthcare Realty Trust (NYSE:HR) from Outperform to Neutral and reduced the price target from $19 to $15, indicating a more cautious outlook on the company.

February 20, 2024 | 11:44 am
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Healthcare Realty Trust was downgraded by Wedbush from Outperform to Neutral, with a price target reduction from $19 to $15.
The downgrade from Outperform to Neutral by a prominent analyst, along with a significant reduction in the price target, suggests a more cautious or bearish outlook on Healthcare Realty Trust's stock. This could lead to short-term negative sentiment among investors, potentially impacting the stock's price negatively.
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