Morgan Stanley Reaffirms Their Hold Rating on HomeCo Daily Needs REIT (HDN)
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for HomeCo Daily Needs REIT with a A$1.39 average price target, implying a 6.92% upside from current levels. In a report released yesterday, UBS also maintained a Hold rating on the stock with a A$1.40 price target.
Based on HomeCo Daily Needs REIT's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$179.8 million and a net profit of A$116.8 million. In comparison, last year the company earned a revenue of A$178.9 million and had a GAAP net loss of A$10.7 million
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