B of A Securities Upgrades Ventas to Buy, Raises Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Joshua Dennerlein upgraded Ventas (NYSE:VTR) from Neutral to Buy and increased the price target from $48 to $53, indicating a positive outlook on the company's stock.
January 16, 2024 | 5:16 pm
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Ventas has been upgraded by B of A Securities from Neutral to Buy with a raised price target from $48 to $53, suggesting a bullish sentiment on the stock.
Upgrades by analysts, especially from neutral to buy, typically signal confidence in a company's future performance and can lead to increased investor interest and a potential rise in stock price. The increase in price target further reinforces this positive outlook.
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