Wells Fargo Upgrades National Health Investors (NHI) to Overweight

Wells Fargo analyst Connor Siversky upgraded National Health Investors (NYSE: NHI) from Equal Weight to Overweight with a price target of $63.00 (from $55.00).

The analyst comments "We are upgrading NHI to Overweight from Equal Weight and revising our price target to $63 from $55. NHI has made significant progress in working through tenant issues, and has clearly messaged expectations for Bickford, Discovery, and NHC. With a robust SHOP NOI ramp in play to bolster internal performance, we believe NHI is positioned to set its sights on building an investment pipeline, and leveraging a strong liquidity profile to drive external growth."

For an analyst ratings summary and ratings history on National Health Investors click here. For more ratings news on National Health Investors click here.

Shares of National Health Investors closed at $57.76 yesterday.

You May Also Be Interested In

• Nomura/Instinet Upgrades Zeon Corp (4205:JP) (ZEOOF) to Buy
• Donaldson Company (DCI) PT Raised to $95 at Stifel
• Elastic NV. (ESTC) PT Raised to $100 at DA Davidson, Neutral Rating Maintained