Evercore ISI Group Downgrades Welltower to In-Line, Lowers Price Target to $81
Portfolio Pulse from richadhand@benzinga.com
Evercore ISI Group analyst Steve Sakwa has downgraded Welltower (NYSE:WELL) from Outperform to In-Line and lowered the price target from $82 to $81.

July 14, 2023 | 10:58 am
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Welltower's rating has been downgraded from Outperform to In-Line by Evercore ISI Group, with a lowered price target of $81.
The downgrade from Outperform to In-Line suggests that the analyst believes Welltower's stock will perform about as well as other stocks in the market, rather than outperforming them. The lowered price target could also negatively impact investor sentiment, potentially leading to a decrease in the stock's price in the short term.
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