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Fly News Breaks for September 6, 2019
SNH
Sep 6, 2019 | 05:47 EDT
Morgan Stanley analyst Vikram Malhotra resumed coverage of Senior Housing Properties Trust and upgraded the shares to Equal Weight from Underweight with an $8.50 price target. The analyst says several negative catalysts have already played out, and that Senior Housing's lower growth trajectory is balanced by a "reasonable" valuation and 7% dividend yield.
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