Wells Fargo analyst John Kilichowski lowered the firm’s price target on LTC Properties (LTC) to $36 from $37 and keeps an Equal Weight rating on the shares. The firm remains most constructive on Senior Housing as market data continues to signal strength on occupancy and rate, and broker contracts flag accelerated deal volumes.
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 LTC:
- LTC Properties sells two skilled nursing centers for $42M
- LTC Properties Completes Acquisition of Senior Housing
- LTC Properties initiated with a Neutral at Cantor Fitzgerald
- LTC Properties annnounces $195M Senior Housing Operating Portfolio acquisition
- LTC Properties announces $195M SHOP acquisition