Cowen Starts Physicians Realty Trust (DOC) at Outperform

Cowen initiates coverage on Physicians Realty Trust (NYSE: DOC) with a Outperform rating and a price target of $20.00.

Analyst Michael Gorman commented, "We are initiating coverage of Physicians Realty Trust (DOC) with an Outperform rating and $20 price target, implying 20% total return. Management has a track record of putting capital to work in the MOB space and has further demonstrated this ability since the IPO. We also like DOC's strategy of targeting smaller transactions in secondary markets, providing better deal flow and investment yields."

For an analyst ratings summary and ratings history on Physicians Realty Trust click here. For more ratings news on Physicians Realty Trust click here.

Shares of Physicians Realty Trust closed at $17.15 yesterday.

You May Also Be Interested In

• Jefferies Upgrades Husqvarna AB (HUSQB:SS) to Buy
• Bristol-Myers Squibb Co. (BMY) PT Lowered to $64 at Truist Securities
• TechnipFMC (FTI) PT Raised to $30 at BTIG