Form 8-K Community Healthcare For: Jul 30

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Go back to Form 8-K Community Healthcare For: Jul 30

Evercore ISI Downgrades Community Healthcare Trust (CHCT) to Underperform

July 31, 2024 7:13 AM EDT

Evercore ISI analyst Steve Sakwa downgraded Community Healthcare Trust (NYSE: CHCT) from In Line to Underperform with a price target of $25.00 (from $27.00).

The analyst comments "Spread investing remains the growth driver. The slump in the stock and higher debt costs hamper the spread investing contribution to earnings growth. At a... More