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American Healthcare REIT initiated with an Outperform at Baird

Baird analyst Wesley Golladay last night initiated coverage of American Healthcare REIT (AHR) with an Outperform rating and $41 price target The firm views the company as one of the better investments to gain exposure to the expected multi-year growth of senior managed housing. Baird sees strong organic growth from the company’s senior housing and senior health campus segments amid a favorable supply and demand backdrop.

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