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Fly News Breaks for October 1, 2019
WELL
Oct 1, 2019 | 05:59 EDT
Barclays analyst Steven Valiquette downgraded Welltower to Equal Weight from Overweight and raised his price target for the shares to $93 from $88. The analyst continues to favor Welltower's senior housing portfolio across the peer group. However, with the shares up over 30% year-to-date, he believes the current multiple now prices int the company's near-term business momentum.
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