Truist analyst Michael Lewis raised the firm’s price target on Omega Healthcare (OHI) to $46 from $44 and keeps a Hold rating on the shares. The stock has surged 16% in the past month versus 3% for the VNQ ETF, and is trading near its highest price to FFO multiple in more than a decade, which appears roughly fair given the favorable fundamentals and healthy forecasted earnings growth, the analyst tells investors in a research note.
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