Fly News Breaks for May 10, 2016
HCP
May 10, 2016 | 05:42 EDT
Jefferies analyst Omotayo Okusanya upgraded to Hold citing the company's plan to spin off its underperforming ManorCare SNF portfolio into a separately traded REIT in the second half of 2016. The analyst says a sum-of-the-parts analysis yields a $32 price target.
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