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Omega Healthcare upgraded to Outperform from Market Perform at BMO Capital

Omega Healthcare upgraded to Outperform from Market Perform at BMO Capital

BMO Capital upgraded Omega Healthcare (OHI) to Outperform from Market Perform with an unchanged price target of $45. The firm expects continued “robust” accretive acquisitions from Omega with its estimates modestly above the Street. The company has a strong balance sheet to drive earnings while its diversified tenant base “limits idiosyncratic credit risk,” the analyst tells investors in a research note.

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