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Ventas price target raised to $74 from $70 at RBC Capital

RBC Capital analyst Michael Carroll raised the firm’s price target on Ventas (VTR) to $74 from $70 and keeps an Outperform rating on the shares. The firm is updating its model after the company’s Q4 results, noting that Ventas will continue to capitalize on the strong seniors housing trends and remain active deploying capital, the analyst tells investors in a research note.

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