RBC Capital Maintains Sector Perform on Northwest Healthcare REIT, Lowers Price Target to C$8
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Pammi Bir has maintained a 'Sector Perform' rating on Northwest Healthcare REIT (TSX:NWH) but lowered the price target from C$9 to C$8.
August 18, 2023 | 1:56 pm
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NEGATIVE IMPACT
Northwest Healthcare REIT's price target has been lowered from C$9 to C$8 by RBC Capital, though the 'Sector Perform' rating is maintained.
The lowering of the price target by RBC Capital indicates a potential decrease in the stock's value. However, the maintenance of the 'Sector Perform' rating suggests that the stock is expected to perform on par with other stocks in the sector.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100