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Welltower price target raised to $200 from $170 at Morgan Stanley

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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