Omega Healthcare price target raised to $46 from $42 at Raymond James

Raymond James raised the firm’s price target on Omega Healthcare (OHI) to $46 from $42 and keeps an Outperform rating on the shares. The recession-resilient and defensive, needs-driven nature of healthcare is increasingly top of mind in the current uncertain environment, the analyst tells investors in a research note. Improving operator fundamentals, an accommodative cost of capital and capacity for accretive external growth, remain attractive attributes of Omega, the firm says.