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Jefferies upgraded its rating of Healthpeak Properties PEAK to Buy with a price target of $29.00, changing its price target from $23.00 to $29.00.
Shares of Healthpeak Properties are trading up 1.08% over the last 24 hours, at $25.34 per share.
A move to $29.00 would account for a 14.44% increase from the current share price.
About Healthpeak Properties
Healthpeak owns a diversified healthcare portfolio of approximately 462 in-place properties spread across mainly medical office and life science assets, plus a handful of senior housing, hospital, and skilled nursing/post-acute care assets, as well.
About Analyst Ratings
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish “analyst ratings” for stocks. Analysts typically rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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