Deutsche Bank's research report on Medical Properties Trust (MPW) highlights a weak 3Q performance by Adeptus Health Inc., a major tenant, leading to a sell-off in MPW shares. The report discusses the financial impact of Adeptus's issues on MPW, including a potential 11% hit to 2017 FAD estimates. Despite risks, the report maintains a 'Buy' rating for MPW, with a revised target price of $15. Key risks include ongoing DOJ investigation of Prime Healthcare and government reimbursement risks.
doj/DataSet10/EFTA01389038.pdf
{"title":"Medical Properties Trust Alert","key_people":["Vin Chao"],"document_date":"2016-11-02","document_type":"financial","key_locations":["Dallas","Houston","Colorado","San Antonio","Austin"],"document_subtype":"Research Report","key_organizations":["Deutsche Bank","Medical Properties Trust","Adeptus Health Inc","Prime Healthcare"],"reference_numbers":["EFTA01389038"]}