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Healthcare REITs See Signs of Recovery - Orange County Business Journal

San Juan Capistrano-based The Ensign Group Inc. (Nasdaq: ENSG), the most valuable publicly traded real estate investment trust in Orange County, last month reported revenue in the second quarter jumped 26% from the year prior to $921 million, beating the Zacks Consensus Estimate. Net income increased 11% to $64 million.

Sabra Health Care REIT (NASDAQ:SBRA) Upgraded by Bank of America to Neutral

Bank of America upgraded shares of Sabra Health Care REIT (NASDAQ:SBRA – Free Report) from an underperform rating to a neutral rating in a research note published on Friday, Marketbeat.com reports. The brokerage currently has $14.00 target price on the real estate investment trust’s stock, up from their prior target price of $11.00. A number […]

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