Wells Fargo initiated coverage of Sila Realty Trust (SILA) with an Equal Weight rating and $27 price target The company offers better than peer average growth, but this is partially offset by uncertainty around its pipeline and expected credit performance, the analyst tells investors in a research note. The firm says Sila is a net lease real estate investment trust focused on healthcare real estate. It sees a slower transaction market in the company’s target asset classes.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% 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 SILA:
- Sila Realty Trust Highlights Healthcare Focus in Presentation
- Sila Realty Trust completes acquisition of two-property rehabilitation facility
- Sila Realty Trust’s Earnings Call Highlights Growth and Strategy
- Sila Realty Trust Announces $250M Equity Offering
- Sila Realty Trust files automatic mixed securities shelf