Scotiabank raised the firm’s price target on Welltower to $96 from $94 and keeps an Outperform 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.
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Read More on WELL:
- Welltower price target raised to $92 from $90 at Evercore ISI
- Welltower price target raised to $95 from $90 at KeyBanc
- Welltower price target raised to $98 from $90 at Mizuho
- Welltower upgraded to Overweight from Neutral at JPMorgan
- Welltower downgraded to Sector Perform from Outperform at RBC Capital
