Welltower price target raised to $172 from $170 at Scotiabank

Scotiabank analyst Nicholas Yulico raised the firm’s price target on Welltower (WELL) to $172 from $170 and keeps an Outperform rating on the shares. Scotiabank notes recent results point to expected move-in pace remaining strong in Spring 2025 and the firm continues to see landlord pricing power since analyses show assisted living screens as more affordable than home care in the majority of REIT markets, the analyst tells investors.