Why Medical Properties Trust Stock Sank by More Than 5% Today
Medical Properties Trust(US:MPW) The Motley Fool·2024-01-18 00:27Struggling healthcare real estate investment trust (REIT) Medical Properties Trust (MPW -5.25%) suffered yet another body blow on Wednesday. An analyst trimmed his price target on the stock, inspiring the market to sell out of it to the point where it lost more than 5% of its value. That was a notably steeper fall than the 0.6% slip of the S&P 500 index that day.Another day, another price-target sliceBefore market open, Truist Securities' Michael Lewis cut his price target by one-third. He now feels that Me ...