Morgan Stanley raised the firm’s price target on Sonida Senior Living (SNDA) to $31 from $28 and keeps an Equal Weight rating on the shares. The firm updated its risk/reward for Sonida for Q4 earnings and 2026 guidance. The firm added that it sees an impressive turnaround story in the early innings, as Sonida is positioned to benefit from broader senior housing demographic tailwinds and low supply.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SNDA:
- Sixteen new option listings and two option delistings on April 1st
- Sonida Senior Living initiated with an Outperform at RBC Capital
- Sonida Senior Living’s Earnings Call Signals Scaled-Up Growth
- Sonida Senior Living Simplifies Capital Structure After Conversion
- Sonida Senior Living Completes Transformative Merger with CHP