Diversified Healthcare Trust price target raised to $6 from $5 at B. Riley

B. Riley raised the firm’s price target on Diversified Healthcare Trust to $6 from $5 and keeps a Buy rating on the shares. The company’s Q2 results were in-line, driven by expected senior housing improvement, but there was also “material compelling news that should help drive the shares higher,” the analyst tells investors in a research note. The firm says the senior housing recovery is unfolding as expected.