Ventas price target raised to $63 from $52 at RBC Capital

RBC Capital analyst Michael Carroll raised the firm’s price target on Ventas to $63 from $52 and keeps an Outperform rating on the shares after its Q2 earnings. The company delivered a healthy report with results performing in line with expectations and investment activity continues to tick higher, the analyst tells investors in a research note. Ventas also appears to be close to resolving the Kindred lease expiration overhang, the firm added.