Scotiabank Maintains Sector Outperform Rating for Healthpeak Properties: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Scotiabank has maintained its Sector Outperform rating for Healthpeak Properties (NYSE:PEAK) but lowered its price target from $23.00 to $22.00. Despite this, the current trading price of $17.10 indicates a potential 28.65% increase to reach the new target. Healthpeak Properties owns a diversified healthcare portfolio with around 457 properties, including medical office and life science assets.
March 04, 2024 | 5:00 pm
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Scotiabank maintains Sector Outperform rating for Healthpeak Properties, lowering price target from $23 to $22. Current price at $17.10 suggests a 28.65% potential increase.
The maintenance of a Sector Outperform rating by Scotiabank, despite a slight decrease in the price target, suggests a positive outlook on Healthpeak Properties. The new target price still indicates a significant potential upside from the current trading price, which could attract investor interest and potentially drive the stock price up in the short term.
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