Replies to post #96849 on Savvy Trades and Investments

[researcher59]

MPW -1.37 to 18.95, after a downgrade by Jefferies -

fly -

Medical Properties Trust downgraded to Hold at Jefferies on slowing growth

As previously reported, Jefferies analyst Jonathan Petersen downgraded Medical Properties Trust to Hold from Buy with a price target of $20, down from $25. He forecasts FFO growth to slow to a 2.8% compound annual growth rate through FY24 from the 8.7% CAGR achieved in the past three years, largely driven by lower net acquisition volumes, Petersen tells investors. The analyst, who notes that Medical Properties shares historically underperform in a rising rate environment, also sees possible downside catalysts from the Prime purchase option and continued headline risk from Steward.

[SSKILLZ1]

MPW

Thinking about where I buy a little more possibly. Obviously down a bit thanks to the market, a bit thanks to the analyst downgrade, and a bit thanks to HCA which has made hospitals weak today. Although I didn't think HCA didn't tell us anything we didn't know. There tenants are hospitals essentially for the most part, so that is part of it. Also technical weakness is a factor as well. All is just my opinion, and I could always be wrong though.