JPMorgan analyst Michael Mueller downgraded Welltower (WELL) to Neutral from Overweight with an unchanged price target of $205. The firm made a number of rating changes in the real estate investment trust group as part of its 2026 outlook. The changes include two upgrades and seven downgrades. The number of downgrades reflects a “more stratified ratings distribution,” the analyst tells investors in a research note.
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Read More on WELL:
- Welltower price target raised to $231 from $210 at Jefferies
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- Welltower price target raised to $200 from $170 at Morgan Stanley
- Welltower price target raised to $260 from $246 at BofA