Morgan Keegan Maintains Outperform on Brookdale Senior Living

Morgan Keegan is out with its report today on Brookdale Senior Living BKD, maintaining Outperform. In its report, Morgan Keegan writes, "While we view Brookdale shares as cheap, we believe they may remain so for a few months, given two downward revisions to guidance and the impact of new economic uncertainty on operations. We believe that long-term prospects remain strong, though the near term may be lackluster." Morgan Keegan maintains a $21 PT on BKD. Shares of BKD closed Friday at $15.34, down 3.34% from Thursday's close.