Evercore ISI upgraded Welltower (WELL) to Outperform from In Line with a price target of $208, up from $183, following a “very strong” Q3 report last week. The surge in accretive investment in volume “easily surpassed our expectations” and triggered a step function increase in run-rate earnings, says the analyst, who raised the firm’s 2025, 2026 and 2027 estimates as a result.
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