RBC Capital Upgrades CareTrust REIT to Outperform, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Michael Carroll has upgraded CareTrust REIT (NYSE:CTRE) from Sector Perform to Outperform and raised the price target from $19 to $23.
September 12, 2023 | 8:22 am
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POSITIVE IMPACT
CareTrust REIT has been upgraded to Outperform by RBC Capital, with a raised price target of $23.
The upgrade from RBC Capital is a positive signal for CareTrust REIT. The raised price target indicates that the analyst sees potential for the stock's price to increase in the short term. This could lead to increased investor interest and potentially a rise in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100