Medical Properties Trust Stock Upgraded to Buy as Settlement Brings Stability

Medical Properties Trust (MPW) stock received an upgrade to Buy from Colliers Securities with a $6.5 price target. Truist Securities maintained a Hold rating but raised its price target to $6. The upgrade follows a global settlement with tenant Steward Health Care System, secured lenders, and unsecured creditors. The settlement covers 23 hospitals, with 15 already leased to new tenants. Despite anticipated earnings dilution, analysts remain optimistic about the long-term prospects of MPW.

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