Jefferies Initiates Coverage On CareTrust REIT with Buy Rating, Announces Price Target of $23
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Joe Dickstein has initiated coverage on CareTrust REIT (NYSE:CTRE) with a Buy rating and a price target of $23.
September 20, 2023 | 9:30 am
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Jefferies has initiated coverage on CareTrust REIT with a Buy rating and a price target of $23, which could positively impact the stock's performance.
Analyst ratings and price targets can significantly influence a stock's performance. A Buy rating from a reputable firm like Jefferies indicates a positive outlook for the stock. The price target of $23 also suggests potential upside, which could attract investors and drive the stock price up.
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