Ventas price target raised to $50 from $47 at Scotiabank

Scotiabank raised the firm’s price target on Ventas to $50 from $47 and keeps a Sector Perform rating on the shares. The analyst sees additional senior housing occupancy upside at least into 2025. Occupancy growth remained strong in Q4 with need-based assisted living leading the way, the analyst tells investors in a research note.