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Fly News Breaks for October 14, 2019
Oct 14, 2019 | 07:01 EDT
BofA/Merrill analyst Joshua Dennerlein resumed coverage of Medical Properties Trust with a Neutral rating and $19.50 price target. The analyst is positive on the company's proven track record of finding and closing on acquisitions, but warns that the outlook for Hospitals is "challenging", with the company running a portfolio concentration risk whereby it may difficult to re-lease a property to a new tenant.
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