Wall Street Zen cut shares of CareTrust REIT ( NYSE:CTRE – Free Report ) from a hold rating to a sell rating in a research report released on Saturday morning,Wall Street Zen reports.
CTRE has been the subject of a number of other reports. Wedbush set a $44.00 price objective on shares of CareTrust REIT in a research report on Tuesday, October 13th. Raymond James Financial dropped their target price on CareTrust REIT from $45.00 to $42.00 and set an “outperform” rating on the stock in a research report on Monday, October 5th. Cantor Fitzgerald boosted their price target on CareTrust REIT from $42.00 to $43.00 and gave the stock a “neutral” rating in a research note on Monday, August 10th. UBS Group reduced their price target on CareTrust REIT from $48.00 to $44.00 and set a “buy” rating for the company in a report on Tuesday, October 13th. Finally, Wells Fargo & Company reduced their price target on CareTrust REIT from $44.00 to $43.00 and set an “overweight” rating for the company in a report on Monday, October 19th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data f...