HCP, Inc. (HCP) Tops Q3 EPS by 9c, Revenues Beat

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RBC Capital Upgrades HCP (HCP) to Outperform

November 2, 2018 4:56 AM EDT

RBC Capital analyst Michael Carroll upgraded HCP (NYSE: HCP) from Sector Perform to Outperform with a price target of $31.00 (from $27.00).

The analyst is incrementally more positive as the new management team executes on portfolio repositioning, reducing leverage levels and generating a clearer pathway... More