Morgan Keegan Maintains Outperform on Healthcare Realty Trust (HR)

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Morgan Keegan is out with its report today on Healthcare Realty Trust
HR
, maintaining Outperform. In a note to clients, Morgan Keegan writes, "Our FFO/share estimate of $0.30 is $0.01 below the First Call consensus and down from $0.35 in the prior year period. Our FAD/share estimate of $0.29 is $0.01 below the SNL consensus. Healthcare Realty Trust is focused on growth via developed medical office buildings, operating assets that can generate superior NOI growth to triple-net facility leases and are less exposed to government reimbursement risk. With solid operating results and an improving acquisition environment, we expect the shares to outperform their REIT peers." Morgan Keegan maintains a $24.50 PT on HR. Shares of HR closed Friday at $22.05, up 0.41% from Thursday's close.
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Posted In: Analyst ColorPrice TargetAnalyst RatingsHealthcare Realty TrustMorgan Keegan
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