JMP Cuts Nationwide (NHP) to Market Perform Amid Ventas (VTR) Deal
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Price: $42.42 --0%
Rating Summary:
1 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 19 | Down: 24 | New: 29
Rating Summary:
1 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 19 | Down: 24 | New: 29
Trade NHP Now!
With shares of Nationwide Health Properties (NYSE: NHP) up nearly 11% today amid an earlier deal with Ventas (NYSE: VTR), an analyst at JMP Securities just downgraded the stock from Market Outperform to Market Perform this afternoon. The firm suspended its $44 price target on the stock.
Nationwide agreed to be acquired by Ventas in a $7.4 billion deal today.
For more ratings news on Nationwide Health Properties click here and for the rating history of Nationwide Health Properties click here.
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Nationwide agreed to be acquired by Ventas in a $7.4 billion deal today.
For more ratings news on Nationwide Health Properties click here and for the rating history of Nationwide Health Properties click here.
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