BMO Capital Upgrades CareTrust REIT to Outperform, Raises Price Target to $24
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Juan Sanabria has upgraded CareTrust REIT (NYSE:CTRE) from Market Perform to Outperform and raised the price target from $23.5 to $24.
August 16, 2023 | 9:42 am
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CareTrust REIT has been upgraded to Outperform by BMO Capital, with a raised price target of $24.
The upgrade from Market Perform to Outperform by BMO Capital indicates a positive outlook for CareTrust REIT. The raised price target from $23.5 to $24 further suggests that the analyst sees potential for the stock's price to increase in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100