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Fly News Breaks for December 19, 2019
Dec 19, 2019 | 16:30 EDT
Mizuho analyst Omotayo Okusanya initiated coverage of Omega Healthcare with a Buy rating and $50 price target. The analyst is "generally more constructive" on the outlook for skilled nursing and believes Omega is the most likely stock to re-rate higher on the expectation of improved profitability at the tenant level. Further, the analyst believes the company offers the least tenant credit risk in the portfolio.
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