Cantor Fitzgerald Reiterates Ratings on HCA and Realty Income with Mixed Outlook

Key Facts

1Cantor Fitzgerald reiterated an 'Overweight' rating on HCA Healthcare with a price target of $588.

2Cantor Fitzgerald reiterated a 'Neutral' rating on Realty Income with a $65 target after announcing a data center joint venture valued over $6 billion.

Amid ongoing M&A activity in healthcare and expansion in data infrastructure, Cantor Fitzgerald reaffirmed its positive rating on HCA Healthcare and its neutral stance on Realty Income. The firm maintained an 'Overweight' rating on HCA with a $588 price target, while keeping a 'Neutral' rating on Realty Income with a $65 target, following the latter's announcement of a data center joint venture valued at over $6 billion.

The reiterations come with HCA trading well below its target, closing at $389.89 (June 30 close), implying more than 50% upside per Cantor's estimate. In contrast, Realty Income closed at $61.96, just 4.7% below its $65 target, reflecting analysts' more cautious view despite the major joint venture.

Investors are watching both stocks against recent economic data: Q1 GDP grew 2.1% and the PCE price index rose 4.1% year-over-year (data as of June 25). For HCA, the next quarterly results could be a catalyst toward the price target, while Realty Income's focus remains on executing data center projects and delivering expected growth.