Mizuho analyst Vikram Malhotra initiated coverage of CareTrust REIT (CTRE) with an Outperform rating and $42 price target The firm is positive on the company’s move to move into senior housing operating assets. Mizuho’s scenario analysis suggests a high probability of the company achieving double-digit annual cashflow growth in 2026 and 2027, the analyst tells investors in a research note. The firm sees this supporting and potentially expanding CareTrust’s premium multiple.
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