trending Market Intelligence /marketintelligence/en/news-insights/trending/cXJMJrfiZslIvszecfiKuQ2 content esgSubNav
In This List

SunTrust Robinson Humphrey cuts Welltower to 'hold'

Blog

Gauging Supply Chain Risk In Volatile Times

Blog

The Future of Risk Management Digitization in Credit Risk Management

Blog

Climate Credit Analytics: Diving into the model

Video

How to use ESG Heat Maps in Credit Risk Analysis


SunTrust Robinson Humphrey cuts Welltower to 'hold'

SunTrust Robinson Humphrey Capital Markets analystEric Flemingdowngraded his investment opinion of Welltower Inc. to "hold" from "buy."

The analyst wrote in a research report: "We aredowngrading HCN … on what we view as a balanced risk/reward and a more moderatenear term growth outlook. While we view HCN as a premier brand, the portfolioand operational repositioning, along with potentially increasing pressures in2017, we think, will see performance only in-line with the overall sector. Wehave lowered our '16E-'18E FFO to better reflect the significant dispositionactivity, and maintaining what we view as an appropriate 17x multiple on ourrevised '17E FFO (a modest premium to the current valuation), have lowered ourprice target to $72 from $80."