Morgan Keegan Raises PT on Ventas to $62 (VTR)

Morgan Keegan is out with its report today on Ventas VTR, raising its PT from $60 to $62. In a note to clients, Morgan Keegan writes, "The company issued 2011 FFO guidance of $3.06-$3.14. We are raising our 2010 FFO estimate from $3.04 to $3.09 and our 2012 estimate from $3.15 to $3.21. We are raising our 2011 FAD estimate from $2.77 to $2.84 and our 2012 estimate from $2.87 to $2.95. Our price target is now raised to $62." Morgan Keegan maintains Outperform on VTR. VTR closed Thursday at $55.54.
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Posted In: Analyst ColorPrice TargetAnalyst RatingsMorgan KeeganVentas
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