Evercore ISI raised the firm’s price target on Ventas to $48 from $47 and keeps an In Line rating on the shares. The firm is rolling forward its valuation framework in its real estate coverage to capture an additional year of earnings growth, rolling forward its AFFO estimates from 2024 to 2025 and adjusting its price targets accordingly.
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- Peloton downgraded, Home Depot initiated: Wall Street’s top analyst calls
- Welltower price target raised to $90 from $83 at Wedbush
- Ventas upgraded to Outperform from Neutral at Wedbush
- Ventas narrows FY23 normalized FFO view to $2.96-$2.99 from $2.92-$3.02
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