Omega Announces Third Quarter 2017 Financial Results; Increased Dividend Rate for 21st Consecutive Quarter

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Go back to Omega Announces Third Quarter 2017 Financial Results; Increased Dividend Rate for 21st Consecutive Quarter

Stifel Downgrades Omega Healthcare Investors (OHI) to Hold

October 31, 2017 6:42 AM EDT

Stifel downgraded Omega Healthcare Investors (NYSE: OHI) from Buy to Hold with a price target of $29.00 (from $35.00).

Analyst Chad Vanacore noted Q4 results disappointed as OHI takes an impairment related to tenant non-payment of rent. Management cut its 2017 guidance by 4.5% at the midpoint.... More