Omega Healthcare price target lowered to $39 from $43 at RBC Capital

RBC Capital lowered the firm’s price target on Omega Healthcare (OHI) to $39 from $43 and keeps a Sector Perform rating on the shares after its Q4 results. The company is better positioned to generate healthy earnings growth over the next few years and to de-lever its balance sheet, though similar to its peers, Omega is also facing sentiment pressure due to potential Medicaid cut, the analyst tells investors in a research note.