Barclays analyst Andrew Mok upgraded Brookdale Senior Living (BKD) to Overweight from Equal Weight with a price target of $14, up from $9.50. The firm says the company’s new CEO has previewed a path to value creation. Brookdale’s mid-teens adjusted EBITDA growth over the next several years brings “strong visibility” into its occupancy momentum and margin expansion, the analyst tells investors in a research note.
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