CareTrust REIT (CTRE) PT Lowered to $16 at KeyBanc

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CareTrust REIT (CTRE) PT Lowered to $15 at RBC Capital; Investment Activity Likely to Moderate

March 6, 2018 11:44 AM EST

RBC Capital lowered its price target on CareTrust REIT (NASDAQ: CTRE) to $15.00 (from $18.00) while maintaining a Sector Perform rating.

Analyst Michael Carroll said investment activity will likely moderate due to recent tenant concerns.

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UPDATE: Cantor Fitzgerald Starts CareTrust REIT (CTRE) at Overweight

March 5, 2018 4:19 PM EST

(Updated - March 6, 2018 8:11 AM EST)

(updated to add analyst comments)

Cantor Fitzgerald initiates coverage on CareTrust REIT (NASDAQ: CTRE) with a Overweight rating and a price target of $16.00.

Analyst Joseph France commented, "CTRE is a healthcare REIT that invests primarily in... More