RBC Capital Maintains Outperform on Medical Properties Trust, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Michael Carroll has maintained an Outperform rating on Medical Properties Trust (NYSE:MPW) but lowered the price target from $8 to $5.
February 20, 2024 | 3:35 pm
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RBC Capital maintains an Outperform rating on Medical Properties Trust but lowers the price target from $8 to $5.
The reduction in price target by RBC Capital, despite maintaining an Outperform rating, suggests a downward adjustment in the valuation of Medical Properties Trust. This could lead to short-term negative sentiment among investors, potentially impacting the stock price negatively.
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