REIT - Healthcare Focused REIT Omega Healthcare's De-Risked Portfolio Attracts Investors Amidst Uncertain Environment | Benzinga
Mizuho Securities has upgraded Omega Healthcare Investors Inc (NYSE: OHI) from Neutral to Buy with a price target of $35, up from $31, citing optimistic industry and company-specific factors.
Industry drivers include higher hospital admissions, indicating gains in Skilled Nursing Facility (SNF) occupancy into FY24, and a more favorable regulatory environment.
Mizuho's analysts, Vikram Malhotra and Georgi Dinko, note that a recent in-house physician survey reveals that admission volumes are surpassing already "elevated" expectations.
Notably, senior elective surgeries are also exceeding pre-COVID levels. Although this may not lead ...