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Fly News Breaks for August 8, 2019
OHI
Aug 8, 2019 | 08:08 EDT
Raymond James analyst Jonathan Hughes upgraded Omega Healthcare Investors to Strong Buy from Outperform and raised his price target for the shares to $42 from $40 following the company's "underappreciated" second quarter results. In a research note to investors, Hughes says that the external growth pace has accelerated following a slowdown over the previous two years and he believes management's upbeat tone on yesterday's call suggests potential upside to estimates.
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