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Why is Healthcare Realty Trust Inc (HR) Stock down?

06 Oct, 2023:

Shares of Healthcare Realty Trustrpo (HR) dropped by 3.86% from $15.02 to $14.44 in the trading on Friday October 6, 2023. The reason why HR stock down is due to a decline on price target. BMO Capital reduced the price target for HR stock from $20 to $17, while remaining the rating of Market perform. This change in the price target had a substantial impact on investor sentiment and played a significant role in driving the stock's downturn.

$26.50
price up icon 0.00%
reit_healthcare_facilities AHR
$28.29
price down icon 1.74%
$16.71
price down icon 0.30%
reit_healthcare_facilities NHI
$68.11
price down icon 0.19%
reit_healthcare_facilities MPW
$4.69
price down icon 0.21%
Cap:     |  Volume (24h):