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Mizuho Securities Remains a Buy on Ventas (VTR)

Tipranks - Tipranks - Tue May 26, 7:40AM CDT

In a report released today, Vikram Malhotra from Mizuho Securities maintained a Buy rating on Ventas, with a price target of $98.00.

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Malhotra covers the Real Estate sector, focusing on stocks such as Equinix, Ventas, and Welltower. According to TipRanks, Malhotra has an average return of 1.5% and a 51.76% success rate on recommended stocks.

In addition to Mizuho Securities, Ventas also received a Buy from Goldman Sachs’s Julien Blouin in a report issued on May 18. However, on May 21, Scotiabank maintained a Hold rating on Ventas (NYSE: VTR).

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Based on Ventas’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.66 billion and a net profit of $55.91 million. In comparison, last year the company earned a revenue of $1.36 billion and had a net profit of $46.87 million

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