Wells Fargo Maintains Equal-Weight on CareTrust REIT, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Connor Siversky has maintained an Equal-Weight rating on CareTrust REIT (NYSE:CTRE) and increased the price target from $22 to $23.
November 27, 2023 | 1:59 pm
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Wells Fargo has maintained an Equal-Weight rating on CareTrust REIT and raised the price target to $23, indicating a positive outlook on the stock.
The increase in price target by Wells Fargo suggests a positive sentiment towards CareTrust REIT's stock value in the short term. As price targets can influence investor expectations and market sentiment, this revision could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100