UBS analyst Michael Goldsmith initiated coverage of Ventas (VTR) with a Neutral rating and $73 price target The Neutral rating reflects the company’s robust senior housing operating portfolio same-store NOI and AFFO growth trajectory that is fairly priced into shares, the analyst tells investors in a research note. The firm expects Ventas’ SHOP will continue to benefit from the unprecedented senior housing backdrop.
Claim 30% 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 VTR:
- Ventas price target raised to $80 from $77 at Evercore ISI
- Balanced Outlook for Ventas Amid Strategic Investments and Operational Transitions
- Ventas price target raised to $74 from $72 at Scotiabank
- Ventas price target raised to $76 from $72 at JPMorgan
- Ventas price target raised to $78 from $74 at Raymond James