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Fly News Breaks for June 22, 2016
HR
Jun 22, 2016 | 06:41 EDT
JMP Securities analyst Peter Martin downgraded Healthcare Realty Trust to Underperform from Market Perform and established a $29 price target. The analyst said leverage remains above industry averages and will require additional equity sales. Further, investment spreads are tightening due to aggressive competition for quality MOB assets, which, in his opinion, limits FFO and dividend growth relative to its peers.
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