JP Morgan Upgrades Welltower to Overweight, Raises Price Target to $99
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Michael Mueller has upgraded Welltower (NYSE:WELL) from Neutral to Overweight and increased the price target from $92 to $99.
December 18, 2023 | 10:21 am
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Welltower's stock rating has been upgraded by JP Morgan from Neutral to Overweight, with the price target raised from $92 to $99.
Upgrades by major analysts like JP Morgan can lead to increased investor confidence and a potential rise in stock price. The new price target of $99 suggests a positive outlook for Welltower's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100