Morgan Stanley raised the firm’s price target on Welltower (WELL) to $200 from $170 and keeps an Overweight rating on the shares. After examining Q3 results as well as supply/demand fundamentals in senior housing, the firm says it has higher conviction in Welltower and American Healthcare REIT’s (AHR) ability to execute on margin upside.
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Read More on WELL:
- Welltower price target raised to $260 from $246 at BofA
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- Welltower upgraded to Outperform from In Line at Evercore ISI
- Welltower price target raised to $200 from $195 at Cantor Fitzgerald
