CareTrust REIT price target raised to $34 from $33 at BMO Capital

BMO Capital raised the firm’s price target on CareTrust REIT to $34 from $33 and keeps an Outperform rating on the shares as part of a broader research note on U.S. REITs. The firm is updating its model to reflect the recent interest rate changes, results, and/or discussions with company management, the analyst tells investors in a research note.