BUZZ-Truist trims Community Healthcare PT; sees healthcare experience as growth driver

Reuters · 08/30 16:52
BUZZ-Truist trims Community Healthcare PT; sees healthcare experience as growth driver

** Truist Securities trims healthcare REIT Community Healthcare Trust CHCT.N PT to $22 from $30; maintains "buy" rating

** Brokerage views CHCT management’s deep experience in healthcare as a key growth driver

** Three of six brokerages rate the stock "buy" or higher, two "hold" and one "sell"; their median PT is $23.50 - LSEG data

** YTD, CHCT down 30% as of last close


(Reporting by Anshuman Tripathy in Bengaluru)

((Anshuman.Tripathy@thomsonreuters.com;))