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Fly News Breaks for December 12, 2019
HR
Dec 12, 2019 | 06:18 EDT
Citi analyst Michael Bilerman upgraded Healthcare Realty Trust to Buy from Neutral with a price target of $38, up from $34. In conjunction with his 2020 REIT Outlook, the analyst changed his rating on eight stocks. For Healthcare Realty, he sees steady same-store net operating income growth, a "supportive" cost of capital to grow externally through acquisitions, and a "high-quality" portfolio.
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