Community Healthcare price target lowered to $18 from $21 at Piper Sandler

Piper Sandler analyst Alexander Goldfarb lowered the firm’s price target on Community Healthcare to $18 from $21 and keeps a Neutral rating on the shares. The firm notes Community’s continued sell-off since Q2 earnings, due to a troubled tenant, increases the potential management could consider strategic options. Though, Piper believes the focus remains on Plan A – fixing the situation and staying independent.