Welltower Outlook by RBC Capital
<p>Analysts at RBC Capital provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/WELL'>Welltower Inc. (NYSE:WELL)</a>, following the company’s recently announced Q3 results, highlighting a strengthening investment pipeline offset by expected near-term SHOP headwinds. The analysts said they remain encouraged by the long-term SHOP outlook, and not only expect the space to deliver a solid recovery over the next 18 months but also deliver growth above and beyond pre-COVID levels in 2024 and 2025. The analysts are slightly lowering their FFO estimates to reflect their updated near-term SHOP outlook and reducing their price target on the company’s shares to $93 from $95.</p>
NYSE:WELL