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Fly News Breaks for February 27, 2020
DOC
Feb 27, 2020 | 09:50 EDT
As previously reported, Capital One analyst Daniel Bernstein upgraded Physicians Realty Trust to Overweight from Equalweight with a price target of $22, up from $18.50. While he thinks some discount to peers is warranted given Physicians Realty's portfolio quality and scale, Bernstein believes this past quarter's acquisitions and decreasing cap rates warrant a revaluation that should narrow the valuation gap, he tells investors. He sees a return to accretive external growth and also likes the JVs formed in Q4, the analyst added.
News For DOC From the Last 2 Days
DOC
Apr 26, 2024 | 13:03 EDT
As previously reported, Exane BNP Paribas upgraded Healthpeak Properties to Outperform from Neutral with a price target of $21, up from $19, after the company boosted its FY24 adjusted funds from operations, or AFFO, per share forecast. While acknowledging that conditions remain challenging for life science given the large amount of new supply, the analyst believes that the current price of shares is "more than adequately pricing in this uncertainty."