Wells Fargo lowered the firm’s price target on CareTrust REIT (CTRE) to $31 from $34 following quarterly results as uncertainty is likely to continue. The firm keeps an Overweight rating on the shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CTRE:
- CareTrust REIT price target lowered to $32 from $37 at RBC Capital
- CareTrust REIT price target lowered to $33 from $34 at KeyBanc
- CareTrust REIT’s Earnings Call Highlights Strong Growth
- CareTrust REIT’s Financial Stability at Risk: Tenant Insolvency and Loan Default Concerns
- CareTrust REIT Reports Record Growth in 2024