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Wednesday, December 19, 2018

Welltower rating change at JPMorgan


Welltower upgraded to Overweight from Neutral at JPMorgan. JPMorgan analyst Anthony Paolone upgraded Welltower to Overweight and raised his price target for the shares to $76 frmo $74. The analyst sees it as a positive that the company is being more acquisitive again. Further, most of Welltower’s “major dilutive” asset sales/portfolio restructurings seem to be finished at this point as well, Paolone tells investors in a research note.

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