Wells Fargo raised the firm’s price target on Welltower (WELL) to $200 from $185 and keeps an Overweight rating on the shares. The firm remains most constructive on Senior Housing as market data continues to signal strength in occupancy and rate, and broker contracts flag accelerated deal volumes.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WELL:
- Welltower price target raised to $246 from $240 at BofA
- Welltower price target raised to $182 from $181 at Scotiabank
- Welltower initiated with an Overweight at Cantor Fitzgerald
- Welltower price target raised to $200 from $150 at KeyBanc
- Intel downgraded, Tesla upgraded: Wall Street’s top analyst calls