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Fly News Breaks for June 19, 2018
OHI
Jun 19, 2018 | 07:24 EDT
Cantor Fitzgerald analyst Joseph France reiterates an Overweight rating and $34 price target on Omega Healthcare after meetings with the company last week. The analyst believes Omega's issues with a handful of operators are near resolution and that occupancy will stabilize in 2018 and could improve in 2019. After being preoccupied with challenges facing the skilled nursing industry, investors are beginning to focus on the company's improving fundamentals and favorable demographics, France tells investors in a research note.
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