Strawberry Fields REIT price target raised to $16 from $14.50 at Lake Street

Lake Street analyst Mark Smith raised the firm’s price target on Strawberry Fields REIT (STRW) to $16 from $14.50 and keeps a Buy rating on the shares after the company reported Q4 results that were generally ahead of the firm’s expectations. Strawberry Fields has proven its ability to grow through acquisition, says the analyst, who thinks there are “ample opportunities in existing states to acquire new properties and expand.”