B of A Securities Downgrades Ventas to Neutral, Lowers Price Target to $48
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst Joshua Dennerlein has downgraded Ventas (NYSE:VTR) from Buy to Neutral and lowered the price target from $54 to $48.

August 11, 2023 | 1:27 pm
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NEGATIVE IMPACT
Ventas has been downgraded from Buy to Neutral by B of A Securities, with a lowered price target of $48.
The downgrade from Buy to Neutral by B of A Securities indicates a less optimistic outlook for Ventas. The lowered price target from $54 to $48 also suggests that the analyst believes the stock may not perform as well as previously expected. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100