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Fly News Breaks for August 7, 2019
MPW
Aug 7, 2019 | 08:08 EDT
As previously reported, KeyBanc analyst Jordan Sadler upgraded Medical Properties Trust to Overweight from Sector Weight, with a $20 price target, as the company addressed the biggest near-term risk and given the prospect of sector leading growth in 2020 and the potential for incremental external growth. The analyst notes that the company filed the "much-anticipated" audited financials of its largest tenant operator, Steward Healthcare, affirming the contents were substantially similar to the unaudited financials provided alongside last month's equity offering.
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