tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Welltower price target raised to $102 from $90 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Welltower to $102 from $90 and keeps an Overweight rating on the shares. The firm has increased conviction that Welltower can grow FFO per share 10% or greater in 2024/2025 and sustain a 40% multiple premium given dual tailwinds from organic growth and $2B-$3B of potential acquisitions annually.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% 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>>

See the top stocks recommended by analysts >>

Read More on WELL:

Disclaimer & DisclosureReport an Issue

1