Analyst RecommendationAnalyst upgrades Ventas Inc (VTR) to Buy from Neutral and increases price objective to $53 from $48, reflecting the view that strong core growth will benefit the bottom line in 2024 and 2025.
Earnings ReportVentas beat reporting normalized FFO of $0.77, higher than the Street estimate and Mizuho's expectation.
Financial StrategyImprovements in cost of capital, including a reduction in variable interest rates and marking equity to market, support the potential for accretive acquisitions.