Truist analyst Michael Lewis raised the firm’s price target on American Healthcare REIT to $27 from $22 and keeps a Buy rating on the shares. The firm’s updated model reflects the company’s equity offering and expected exercise of its Trilogy purchase option this year, as opposed to previously assuming exercise near the end of Q3 of FY25, the analyst tells investors in a research note.
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Read More on AHR:
- American Healthcare REIT price target raised to $30 from $18 at JMP Securities
- American Healthcare REIT price target raised to $28 from $27 at KeyBanc
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