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Medical Properties Trust price target raised to $5 from $4 at Wells Fargo

Medical Properties Trust price target raised to $5 from $4 at Wells Fargo

Wells Fargo raised the firm’s price target on Medical Properties Trust (MPW) to $5 from $4 and keeps an Underweight rating on the shares. The firm notes Q1 was a strong start for Medical Properties Trust as it completed a private offering of senior secured notes that addressed all of its maturities until October 2026.

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