Morgan Keegan is lowering its price target on shares of Healthcare Realty Trust HR to $23.50 from $23.50. It has an Outperform rating.
In a note to clients, Morgan Keegan writes, "We are lowering our price target from $24.50 to $23.50, due to slightly lower NOI and
slightly higher debt than we had previously modeled. We are retaining our Outperform rating for now but are mindful of investor appetite for faster-growing REITs."
Shares of HR lost 13 cents yesterday to close at $21.97.
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