Wells Fargo Upgrades Omega Healthcare Invts to Overweight, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Connor Siversky upgraded Omega Healthcare Invts (OHI) from Equal-Weight to Overweight and increased the price target from $31 to $35.
February 26, 2024 | 10:43 am
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POSITIVE IMPACT
Omega Healthcare Invts was upgraded by Wells Fargo from Equal-Weight to Overweight, with a price target increase from $31 to $35.
The upgrade from Equal-Weight to Overweight by a major financial institution like Wells Fargo, accompanied by a significant increase in the price target, suggests a strong positive outlook on OHI's stock. This is likely to instill confidence in investors and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100