Omega Healthcare downgraded to Underperform from Market Perform at Wells Fargo Wells Fargo downgraded Omega Healthcare to Underperform citing valuation and the threat of rising interest rates. The firm lowered its price target range for shares to $27-$29 from $28-$31.
Omega Healthcare intends to provide guidance after closing of Aviv REIT merger Omega Healthcare plans to provide guidance regarding Adjusted Funds Available For Distribution to common stockholders and adjusted FFO available to common stockholders guidance for 2015 following the closing of the previously announced Aviv REIT merger. The transaction is currently expected to close early in Q2, subject to the terms and conditions of the merger agreement.
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