Ventas price target lowered to $50 from $51 at Credit Suisse

Credit Suisse analyst Tayo Okusanya lowered the firm’s price target on Ventas to $50 from $51 and keeps an Outperform rating on the shares. Ventas’s 2023 guidance was lower than expected, and likely has to de-lever, especially in the wake of the Santerre transaction, the analyst tells investors in a research note.