Evercore ISI upgraded Welltower (WELL) to Outperform from In Line with a price target of $208, up from $183, following a “very strong” Q3 report last week. The surge in accretive investment in volume “easily surpassed our expectations” and triggered a step function increase in run-rate earnings, says the analyst, who raised the firm’s 2025, 2026 and 2027 estimates as a result.
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>>
Read More on WELL:
- Welltower price target raised to $200 from $195 at Cantor Fitzgerald
- Welltower’s Earnings Call: Strategic Shifts and Strong Growth
- Welltower downgraded to Hold from Buy at Freedom Capital
- Welltower’s Strategic Focus on Senior Housing Drives Growth Potential and Operational Efficiency
- Welltower price target raised to $203 from $195 at UBS