Ventas (VTR) Reports Q1 Normalized FFO of $1.03; Beats on Revenue

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Ventas (VTR) PT Raised to $64 at Jefferies Following 1Q17 Results; 'Applaud VTR on the Quarter'

May 1, 2017 8:47 AM EDT

Jefferies raised its price target on Ventas (NYSE: VTR) to $64.00 (from $61.00) while maintaining a Hold rating, following the company's first quarter earnings report.

Analyst Omotayo Okusanya notes delivered strong quarterly results, citing increasing SS cash NOI across multiple portfolios, despite supply... More