LTC Properties (LTC) Reports In-Line Q1 FFO

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LTC Properties (LTC) PT Lowered to $50 at Stifel

May 9, 2017 8:56 AM EDT

Stifel lowered its price target on LTC Properties (NYSE: LTC) to $50.00 (from $51.00) while maintaining a Hold rating. LTC reported 1Q17 normalized FFO of $0.78 which matched the consensus.

Analyst Chad Vanacore views the quarter as largely in line with expectations. Stifel maintains a neutral... More