2022-07-07 06:03:51 GMRE Global Medical REIT
07/07/22 07/0706:03 07/07/2206:03 | Global Medical REIT initiated with a Market Perform at JMP SecuritiesJMP Securities analyst Aaron Hecht initiated coverage of Global Medical REIT with a Market Perform rating and no price target. The analyst believes ongoing volatility across the capital markets will keep shares range bound. Global Medical is a spread investor with limited upside through lease renewals and it will difficult for management to deliver "outsized value creation near term as capital markets volatility has reduced," Hecht tells investors in a research note. |
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