RBC Capital raised the firm’s price target on CareTrust REIT (CTRE) to $36 from $32 and keeps an Outperform rating on the shares after its Q2 results. The company has remained active deploying capital accretively given its year-to-date volume and sizeable investment pipeline, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CTRE: