Brookdale Senior Living ( (BKD) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Brookdale Senior Living shares moved higher after a bullish investor day, where management projected mid‑teens EBITDA growth driven by rising occupancy and pricing that is expected to grow faster than costs. The upbeat outlook prompted analysts to boost their expectations, with Bank of America raising its price target to $18 while reiterating a Buy rating, and others citing potential for further valuation multiple expansion.
More about Brookdale Senior Living
YTD Price Performance: 39.02%
Average Trading Volume: 4,045,862
Technical Sentiment Signal: Buy
Current Market Cap: $3.56B
For further insights into BKD stock on TipRanks’ Stock Analysis page.
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