Raymond James Downgrades Ventas to Outperform, Lowers Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Jonathan Hughes has downgraded Ventas (NYSE:VTR) from Strong Buy to Outperform and lowered the price target from $55 to $53.
September 20, 2023 | 11:27 am
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Ventas has been downgraded by Raymond James from Strong Buy to Outperform, with a reduced price target of $53.
The downgrade from Strong Buy to Outperform indicates a less optimistic outlook for Ventas by Raymond James. The lowering of the price target from $55 to $53 also suggests a potential decrease in the stock's value. This could negatively impact the stock's price in the short term.
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