trending Market Intelligence /marketintelligence/en/news-insights/trending/bHo-RJbfIB25KbD7skuedA2 content esgSubNav
In This List

Jefferies LLC upgrades HCP to 'hold'

Blog

Insight Weekly: Layoffs swell; energy efficiency PE deals defy downturn; 2023 global risk themes

Blog

Insight Weekly: Energy crisis cripples Europe; i-bank incomes rise; US holiday sales outlook

Blog

Japan M&A By the Numbers: Q3 2022

Blog

Insight Weekly: Reviving nuclear power; 2023 outlook for US financials; PE funds fuel EV sector


Jefferies LLC upgrades HCP to 'hold'

JefferiesLLC analyst OmotayoOkusanya upgraded his investment opinion of HCP Inc. to "hold" from "underperform,"and increased his price target to $32 from $25.

The analystwrote in a research report: "We are upgrading HCP to … based on newsthat HCP will be spinning off its underperforming ManorCare SNF portfolio into aseparately traded REIT in 2H16. A sum of the parts analysis suggests a $32 PT isappropriate."