Jefferies Upgrades HCP (HCP) to Hold
Tweet
Share
E-mail
Get Alerts HCP Hot Sheet
Price: $34.78 --0%
Rating Summary:
15 Buy, 20 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 3 | Down: 6 | New: 22
Rating Summary:
15 Buy, 20 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 3 | Down: 6 | New: 22
Join SI Premium – FREE
Jefferies upgraded HCP (NYSE: HCP) from Underperform to Hold with a price target of $32.00 (from $25.00).
Analyst Omotayo Okusanya commented, "We are upgrading HCP to Hold from Underperform based on news that HCP will be spinning off its underperforming ManorCare SNF portfolio into a separately traded REIT in 2H16. A sum of the parts analysis suggests a $32 PT is appropriate."
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 $35.99 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Stephens Upgrades Varonis Systems (VRNS) to Overweight
- Barclays Starts SAB Biotherapeutics (SABS) at Overweight
- Goldman Sachs Downgrades Inspur Electronic Information Industry Co Ltd (000977:CH) to Sell
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT Change, UpgradesRelated Entities
Jefferies & CoSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
