Brookdale Senior Living price target raised to $17 from $13 at RBC Capital

RBC Capital raised the firm’s price target on Brookdale Senior Living (BKD) to $17 from $13 and keeps an Outperform rating on the shares ahead of Friday’s Investor Day following the company’s better-than-expected 2026 guidance. The REIT’s strong initial RevPAR outlook is an encouraging data point to validate the new management’s strategic pricing initiative and RBC’s view that Brookdale should be in a better position to take rate across a stronger portfolio, the analyst tells investors in a research note.