Truist raised the firm’s price target on EPR Properties to $51 from $49 and keeps a Hold rating on the shares as part of a broader research note on REITs. The firm is relatively bullish on the sector following a challenging 2023 that was mired by volatile inflationary environment and believes that REITs should benefit from a favorable backdrop of improved cost of capital environment, liquidity and attractive valuation levels, the analyst tells investors in a research note.
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Read More on EPR:
- EPR Properties upgraded to Overweight from Neutral at JPMorgan
- EPR Properties price target lowered to $49 from $50 at Truist
- EPR Properties price target raised to $47 from $41 at BofA
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