Wells Fargo Upgrades National Health Investors to Overweight, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Connor Siversky upgraded National Health Investors (NHI) from Equal-Weight to Overweight and increased the price target from $55 to $63.

February 26, 2024 | 10:46 am
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Wells Fargo upgraded National Health Investors to Overweight from Equal-Weight and raised the price target to $63 from $55.
Upgrades by major financial institutions like Wells Fargo generally lead to positive investor sentiment and can result in an increase in stock price in the short term. The upgrade from Equal-Weight to Overweight suggests a bullish outlook on NHI by the analyst, and the increase in price target from $55 to $63 indicates a strong confidence in the company's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100