Alliance Global analyst Gaurav Mehta raised the firm’s price target on Chiron Real Estate (XRN) to $42 from $40 and keeps a Buy rating on the shares. The firm cites the company announcing that it will also invest in new active adult and operating senior housing, where Chiron is seeing opportunity in housing driven by less supply and attractive demographics, with better return profile as compared to medical offices, the analyst tells investors in a research note.
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