Baird analyst Wesley Golladay initiated coverage of Sonida Senior Living (SNDA) with a Neutral rating and $35 price target Sonida is a pure play owner and operator in the senior housing industry that should benefit from the strong industry tailwinds along with being a turnaround story, the analyst tells investors. While the firm likes the story, it starts with a Neutral rating due to limited trading liquidity, the analyst added.
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