Bullish Stocks Upgraded by Analysts: $CSX $HR $PINC – Wire Real Estate

Bullish Stocks Upgraded by Analysts: $CSX $HR $PINC




Sep 1, 2020

Wire.RealEstate powered by Google



The Market Signal was created as a platform to help investors, if you own (NASDAQ:CSX), (NYSE:HR) or (NASDAQ:PINC) and want to join the fastest growing community of investors on the web then sign up to the link below. Members get free access to the best investment tools in the world. Start trading like a pro today. This is a limited time offer so click the link below NOW.

https://themarketsignal.com/Free-Report/NOW

(Click link above or copy, paste and hit enter in your browser for your report)

CSX Corp is bullish as it announces progress in construction of two terminals

https://themarketsignal.com/Free-Report/CSX

(Click link above or copy, paste and hit enter in your browser for your report)

CSX Corporation (NASDAQ:CSX) has been upgraded by Oppenheimer to 'Outperform' from 'Perform,' and has the current target price of $78.57. While the current stock price is $76.46.

CSX Corporation has announced significant progress in the construction of two new intermodal terminals one in North Baltimore in northwest Ohio and another in Rocky Mount in eastern North Carolina. The company is progressing despite the pandemic pushing back the construction timeline. The company says it expects to complete the two projects early 2021.

According to a CSX's environmental, social and governance sustainability report for 2019 CCX will be situated on the CSX network.

Healthcare Realty Trust looks positive with increased 2Q 2020 revenue

https://themarketsignal.com/Free-Report/HR

(Click link above or copy, paste and hit enter in your browser for your report)

Healthcare Realty Trust Inc. (NYSE:HR) has been upgraded by Oppenheimer to 'Outperform' from 'Perform,' and has the current target price of $31.10. While the current stock price is $28.85

Healthcare Realty Trust Incorporated has released its financial results for 2Q 2020 in which it reported $75.5 million or $0.56 per diluted common share in net income for the quarter ended June 30. The company reported $56.3 million, or $0.42 per diluted common share in normalised FFO for the 2Q 2020.

? 99% of second quarter rent collected or deferred:
? 97% of rent collected
? 2% of deferred rent with repayment scheduled by year-end
? $3.1 million of outstanding rent deferred as of July 31, 2020:
? $7.2 million originally granted
? $4.1 million repaid, including $3.7 million repaid early
? Trailing twelve month same store cash NOI growth was 1.9%. This amount was negatively impacted by approximately 20 basis points due to the following second quarter items:
? A general reserve of approximately $0.7 million against rent deferred
? Sequential parking revenue decrease of approximately $0.8 million
? Operating expense savings, net of reimbursements, of approximately $1 million
? FFO for the second quarter was not materially impacted by the same store items listed above due to an offsetting decrease in incentive compensation and travel expenses totaling $0.6 million.

Premier is bullish with strong balance sheet

https://themarketsignal.com/Free-Report/PINC

(Click link above or copy, paste and hit enter in your browser for your report)

Premier Inc (NASDAQ:PINC) has been upgraded by Oppenheimer to 'Outperform' from 'Perform,' and has the current target price of $36.89. While the current stock price is $32.75

FY 2020 FY 2019
GAAP net revenue $1.30 billion $1.22 billion
Supply Chain Services segment $952.8 million $855.2 million
Performance Services segment $346.8 million $362.5 million
GAAP net income $291.1 million $334.7 million
GAAP EPS $2.03 $0.27
Adjusted EBITDA $564.0 million $561.0 million
Net Income $337.0 million $349.1 million
CFO $339.9 million
Free cash flow $266.5 million
Cash Dividend $0.19

Premier Inc recently completed three acquisitions for in the FY2020. These are Health Design Plus (now Contigo Health), Acurity/Nexera, and Medpricer (now Conductiv). The company bought a total of 4.6 million shares of Class A common stock priced at $32.28 per share. The company spent a total of $150.0 million on the purchase.

Please email or contact us for any edits or errors relating to this stock market news.

If you would like information on using our press release distribution service aimed at helping investors with the best stocks to buy and how to create your own stock portfolio. We cover the US Stock Market, Canadian Stock Market, the Australian Stock Market and other Stock Market news.

We will get back to you within 24 hours.

Disclaimer

comtex tracking

COMTEX_370479914/2703/2020-09-01T09:21:33

Is there a problem with this press release? Contact the source provider Comtex at editorialpr@comtex.com.