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CareTrust REIT initiated with a Buy at BofA

CareTrust REIT initiated with a Buy at BofA

BofA initiated coverage of CareTrust REIT (CTRE) with a Buy rating and $33 price target The skilled nursing/senior housing net lease investments REIT is primed to benefit from the “aging of America,” an aggressive acquisition strategy, and an expanding high-quality portfolio, the analyst tells investors in a research note.

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