Feb. 23 at 9:07 PM
$MPT Medical Properties Trust (MPT) Update
New Analyst Targets: Following today's jump, several analysts have updated their outlooks. Maxim Group recently initiated coverage with a Buy rating and an
$8.00 price target.
Consensus Shift: Wall Street Zen upgraded MPT from a "Sell" to a "Hold" over the weekend. While the average consensus target sits at
$6.17, the "high-end" targets have moved to
$8.00–
$9.00, representing significant upside from current levels.
Next Resistance: Keep a close eye on
$6.36. If MPT breaks this level tomorrow, it clears a major "debt overhang" hurdle and could quickly test the
$7.00 mark.