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Jefferies throws in the towel on Brookdale Senior Living

Published 11/11/2016, 08:19 AM
Jefferies throws in the towel on Brookdale Senior Living
  • Competitive pressures are unlikely to diminish next year, says analyst Brian Tanquilut, downgrading BKD to Hold from Buy, and cutting the price target to $14 from $29 (last night's close was $12.52).
  • Brookdale has tumbled 22% over the past month, and 32% YTD.
  • Previously: Brookdale Senior plunges after miss, cut in guidance (Nov. 1)

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