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Welltower price target raised to $203 from $195 at UBS

UBS analyst Michael Goldsmith raised the firm’s price target on Welltower (WELL) to $203 from $195 and keeps a Buy rating on the shares. Welltower streamlining its organization around its senior housing platform is prudent, as increasing the emphasis around it should only increase its productivity, the analyst tells investors in a research note. UBS sees forecasts continuing to move higher.

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