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Fly News Breaks for March 20, 2017
HCP
Mar 20, 2017 | 08:15 EDT
Morgan Stanley analyst Vikram Malhotra upgraded HCP to Equal Weight and raised its price target to $31 from $28.50. The analyst said recent portfolio improvements and dividend changes have resulted in a stronger balance sheet and diversified business mix, and notes it has relatively low exposure to senior housing.
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