What Analysts Are Saying About CareTrust REIT Stock
Portfolio Pulse from Benzinga Insights
Analysts have shown a somewhat bullish sentiment towards CareTrust REIT (NYSE:CTRE) with recent upgrades in ratings and price targets. The average 12-month price target has increased to $33.25, indicating a positive outlook. CareTrust REIT has demonstrated strong financial performance with a 16.05% revenue growth and a net margin of 19.24%.
October 07, 2024 | 5:01 pm
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CareTrust REIT has received somewhat bullish ratings from analysts, with an increase in the average 12-month price target to $33.25. The company's strong financial performance, including a 16.05% revenue growth and a 19.24% net margin, supports this positive outlook.
The increase in analyst ratings and price targets for CareTrust REIT, along with its strong financial performance, suggests a positive short-term impact on its stock price. The company's revenue growth and net margin are above industry averages, indicating strong operational performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100