JMP Securities analyst Mitch Germain lowered the firm’s price target on EPR Properties to $48 from $54 and keeps an Outperform rating on the shares. EPR Properties’ Q3 report was expectedly messy, though a more predictable earnings stream is anticipated soon as the Regal resolution became effective August 1, while fundamentals backing tenant cash flows remain healthy, the analyst tells investors in a research note.
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Read More on EPR:
- EPR Properties sees FY23 FFOAA $5.10-$5.18, consensus $5.24
- EPR Properties reports Q3 AFFO $1.47, consensus $1.44
- EPR Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Wells starts EPR Properties at Underweight on theater exposure
- EPR Properties initiated with an Underweight at Wells Fargo
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