Welltower (NYSE:WELL) Raised to Strong-Buy at Jefferies Financial Group
MarketBeat
Welltower (NYSE:WELL) was upgraded to a "strong-buy" rating by Jefferies Financial Group, contributing to an overall "Moderate Buy" consensus from analysts with an average target price of $255.39. Despite reporting 39.1% year-over-year revenue growth, the company missed quarterly EPS estimates. Investor sentiment is bolstered by favorable demographics and high institutional ownership, although analysts caution about the stock's high valuation if growth decelerates.
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