Truist analyst Michael Lewis lowered the firm’s price target on Community Healthcare (CHCT) to $19 from $23 and keeps a Buy rating on the shares. The firm notes that the REIT’s normalized FFO appears likely to be slightly lower than in 2020, primarily reflecting the toll of rising interest rates and a falling stock price, as well as two tenant issues and the passing of the company’s founder and original CEO, the analyst tells investors in a research note.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CHCT:
- Community Healthcare price target lowered to $17 from $18 at Piper Sandler
- Community Healthcare Trust Reports Q2 2025 Financial Results
- Community Healthcare Trust’s Mixed Earnings Call: Dividends Rise Amid Challenges
- Community Healthcare Reports Q2 2025 Net Loss
- CHCT Upcoming Earnings Report: What to Expect?