Morgan Keegan Says HCP Best Healthcare REIT (HCP)

Morgan Keegan is out with a research report saying that HCP, Inc. HCP is the best positioned health care REIT, after it "announced the termination of its litigation with Sunrise Senior Living SRZ over Sunrise’s management of properties owned by HCP." Morgan Keegan goes on to say, "HCP is the best-diversified healthcare REIT. Management has identified growth opportunities across asset classes through direct ownership, mezzanine debt investments, and institutional joint ventures. As a result, despite being the largest healthcare REITs, we expect it to be one of the fastest-growing. We project 4%-6% long-term FFO and FAD growth." Morgan Keegan sees no material impact to the stock, despite the ending of the litigation. Shares of HCP closed at $35.22 yesterday.