RBC Capital raised the firm’s price target on Ventas (VTR) to $91 from $83 and keeps an Outperform rating on the shares after its Q4 results. The firm believes that the REIT remains well positioned to generate solid organic growth via the larger SHOP and to actively deploy capital accretively, the analyst tells investors in a research note.
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Read More on VTR:
- Ventas Inc. Earnings Call Highlights SHOP-Driven Surge
- Ventas price target raised to $85 from $82 at UBS
- Ventas Expands At-the-Market Equity Offering Capacity
- Execution Risks Threaten Ventas’ Capital Recycling Strategy and Portfolio Optimization
- Balanced Fundamentals and Moderating Returns Justify Hold Rating on Ventas