Argus Downgrades HCP (HCP) to Hold
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Price: $23.52 +0.38%
Rating Summary:
21 Buy, 14 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 14 | New: 50
Rating Summary:
21 Buy, 14 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 14 | New: 50
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Argus downgraded HCP (NYSE: HCP) from Buy to Hold.
The analyst is concerned that the HCR ManorCare portfolio has weighed on net operating income at HCP. Lower 2016 FFO estimate to $3.18 per share from $3.23.
For an analyst ratings summary and ratings history on HCP click here. For more ratings news on HCP click here.
Shares of HCP closed at $38.24 yesterday.
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