Morgan Stanley raised the firm’s price target on American Healthcare REIT (AHR) to $55 from $52 and keeps an Overweight rating on the shares. After examining Q3 results as well as supply/demand fundamentals in senior housing, the firm says it has higher conviction in Welltower (WELL) and American Healthcare’s ability to execute on margin upside.
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Read More on AHR:
- American Healthcare REIT price target raised to $52 from $48 at Morgan Stanley
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