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Bank of America Securities Reaffirms Their Buy Rating on Brookdale Senior Living (BKD)

Tipranks - Tipranks - Fri Jan 30, 5:36AM CST

In a report released today, Joanna Gajuk from Bank of America Securities reiterated a Buy rating on Brookdale Senior Living, with a price target of $15.50.

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Gajuk covers the Healthcare sector, focusing on stocks such as Brookdale Senior Living, Concentra Group Holdings Parent, Inc., and Acadia Healthcare. According to TipRanks, Gajuk has an average return of 1.3% and a 55.13% success rate on recommended stocks.

In addition to Bank of America Securities, Brookdale Senior Living also received a Buy from Barclays’s Andrew Mok CFA in a report issued today. However, on the same day, TipRanks – OpenAI upgraded Brookdale Senior Living (NYSE: BKD) to a Hold.

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Based on Brookdale Senior Living’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $777.84 million and a GAAP net loss of $114.73 million. In comparison, last year the company earned a revenue of $746.41 million and had a GAAP net loss of $50.72 million

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