Ventas price target raised to $72 from $69 at Scotiabank

Scotiabank raised the firm’s price target on Ventas (VTR) to $72 from $69 and keeps a Sector Perform rating on the shares. The firm is providing updated thoughts on the recent NYC Office sale comparables and commercial mortgage-backed securities, CMBS, issuance, which has led to changes to the ratings of the U.S. Real Estate & REITs in its coverage, the analyst tells investors.