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Morgan Stanley Remains a Buy on Welltower (WELL)

Tipranks - Thu Feb 19, 7:16AM CST

In a report released today, Ronald Kamdem from Morgan Stanley maintained a Buy rating on Welltower, with a price target of $215.00.

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According to TipRanks, Kamdem is a 5-star analyst with an average return of 10.3% and a 62.35% success rate. Kamdem covers the Real Estate sector, focusing on stocks such as Alexandria Equities, Welltower, and Regency Centers.

In addition to Morgan Stanley, Welltower also received a Buy from Citi’s Nicholas Joseph in a report issued today. However, on February 13, TipRanks – Anthropic downgraded Welltower (NYSE: WELL) to a Hold.

Based on Welltower’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.25 billion and a net profit of $96.44 million. In comparison, last year the company earned a revenue of $2.22 billion and had a net profit of $119.97 million

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