Joshua Dennerlein, an analyst from Bank of America Securities, reiterated the Buy rating on Welltower (WELL – Research Report). The associated price target was raised to $242.00.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Joshua Dennerlein has given his Buy rating due to a combination of factors including Welltower’s strong financial performance and strategic positioning for future growth. The company reported funds from operations (FFO) that exceeded expectations, with a 2025 guidance midpoint that surpassed market predictions. Welltower also demonstrated significant growth in 2024, ending the year with FFO 7.5% higher than initially projected. The anticipation of continued momentum into 2026, driven by operating leverage and accelerated rate growth, underpins Dennerlein’s optimistic outlook.
Furthermore, Dennerlein highlights the ‘network effect’ as a critical driver of Welltower’s potential success. The firm is leveraging its product, platform, people, and property strategies to build a robust network that could lead to substantial market dominance. This approach, coupled with innovations like WellGPT, positions Welltower to attract talent and capital, thereby enhancing its competitive edge. Consequently, Dennerlein sets a price objective of $242, reflecting a significant upside from current levels.
In another report released on February 14, Wedbush also upgraded the stock to a Buy with a $167.00 price target.
Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WELL in relation to earlier this year.