tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

American Healthcare REIT price target raised to $60 from $50 at Citizens JMP

Citizens JMP raised the firm’s price target on American Healthcare REIT (AHR) to $60 from $50 and keeps an Outperform rating on the shares following the Q3 earnings report. The combination of internal and external activities has allowed American Healthcare REIT to generate the highest FFO growth rate in the Healthcare REIT industry, and with 70% exposure to RIDEA assets, American Healthcare is uniquely positioned to capitalize on ideal supply/demand fundamentals for senior housing, the analyst tells investors in a research note. The firm recommends the stock as its top idea.

Meet Your ETF AI Analyst

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1