B. Riley took over coverage of Diversified Healthcare Trust (DHC) with a Buy rating and $4.50 price target The firm sees a “de-risking of the story” and potential upside to stock price from likely repayments of the significant amount of high-priced debt the Diversified has expiring over the next ten months. It also expects likely continued improvement in operations at the company’s sizable senior housing operating properties portfolio.
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Read More on DHC:
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