RBC Capital raised the firm’s price target on Welltower (WELL) to $238 from $230 and keeps an Outperform rating on the shares after its Q1 earnings beat and guidance raise. The company delivered another solid earnings report, and more importantly, appears well positioned to continue to deliver both strong organic and external growth, the analyst tells investors in a research note.
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Read More on WELL:
- Welltower price target raised to $249 from $240 at UBS
- Welltower Earnings Call Highlights SHOP-Fueled Surge
- Welltower Registers Additional Shares to Enhance Capital Flexibility
- Welltower raises FY26 normalized FFO view to $6.21-$6.35 from $6.09-$6.25
- Welltower reports Q1 normalized FFO $1.47, consensus $1.45