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Benzinga
Benzinga
Business
Henry Khederian

Why Medical Properties Trust Shares Are Tumbling

Medical Properties Trust Inc (NYSE:MPW) shares are trading lower by 5.73% at $19.16 after Jefferies downgraded the stock from Buy to Hold and lowered its price target from $25 to $20.

Medical Properties Trust’s first-quarter earnings report is confirmed for Thursday before the market open. The company is expected to report EPS of 31 cents on revenue of $409.30 million.

See Also: Why Cleveland-Cliffs Stock Is Surging Today

Medical Properties Trust is a healthcare facility REIT. The company operates one segment, which owns and leases healthcare facilities.
According to data from Benzinga Pro, Medical Properties Trust has a 52-week high of $24.13 and a 52-week low of $19.01.

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