** Wedbush revises ratings and price targets on some real estate investment trusts (REITs)
** "2025 could start volatile for REITs as markets flesh out possible shocks to the system from a new and aggressive administration" - Wedbush analyst Richard Anderson
** Brokerage downgrades ratings for BXP BXP.N, CareTrust CTRE.N, Healthcare Realty Trust HR.N and Pebblebrook Hotel Trust PEB.N to "underperform" from "neutral"
** Brokerage, however, upgrades ratings for Douglas Emmett DEI.N and VICI Properties VICI.N to "outperform" from "neutral"
Company | New PT | Old PT |
BXP | $70 | $81 |
CareTrust | $26 | $34 |
Healthcare Realty Trust | $16 | $18 |
Douglas Emmett | $21 | $19 |
VICI Properties | $33 | $34 |
(Reporting by Anshuman Tripathy)
((Anshuman.Tripathy@thomsonreuters.com))
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