Wells Fargo analyst John Kilichowski upgraded Healthcare Realty Trust (HR) to Equal Weight from Underweight with a price target of $18, up from $16. The firm sees “multiple positive catalysts” for the shares in the near term related to Healthcare Realty’s strategic plan execution. The plan presented last quarter addressed many of the investment thesis concerns, the analyst tells investors in a research note.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for 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 HR:
- Healthcare Realty Trust initiated with a Sector Perform at RBC Capital
- Healthcare Realty Trust initiated with an Overweight at Cantor Fitzgerald
- Healthcare Realty Trust management to meet with BTIG
- Broadcom initiated, Beyond Meat downgraded: Wall Street’s top analyst calls
- Healthcare Realty Trust downgraded to Underperform at Raymond James
