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JPMorgan's REIT Reshuffle: Ventas Stock Climbs, Cold Storage Giants Slip
Benzinga·2025-06-24 01:24

JPMorgan analyst Michael W. Mueller announced several ratings changes during the firm’s quarterly CRE update webinar.The analyst upgraded Ventas Inc. VTR from Neutral to Overweight and raised the firm’s December 2025 price target to 72from72 from 70.Mueller cited robust internal and external growth, including double-digit same-store net operating income gains and a steady pace of acquisitions, as key drivers supporting a positive outlook for normalized FFO per share growth.The analyst noted that compared to pee ...