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Analysts Offer Insights on Real Estate Companies: CareTrust REIT (CTRE) and Equinix (EQIX)

Analysts have been eager to weigh in on the Real Estate sector with new ratings on CareTrust REIT (CTREResearch Report) and Equinix (EQIXResearch Report).

CareTrust REIT (CTRE)

In a report released today, Austin Wurschmidt from KeyBanc maintained a Buy rating on CareTrust REIT. The company’s shares closed last Wednesday at $24.82.

According to TipRanks.com, Wurschmidt is a 1-star analyst with an average return of -5.4% and a 46.9% success rate. Wurschmidt covers the NA sector, focusing on stocks such as Xenia Hotels & Resorts, Healthpeak Properties, and Independence Realty.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for CareTrust REIT with a $25.00 average price target, a 0.6% upside from current levels. In a report issued on May 3, BMO Capital also maintained a Buy rating on the stock with a $27.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Equinix (EQIX)

Barclays analyst Brendan Lynch maintained a Hold rating on Equinix today and set a price target of $669.00. The company’s shares closed last Wednesday at $692.71, close to its 52-week low of $672.88.

According to TipRanks.com, Lynch is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -5.6% and a 43.1% success rate. Lynch covers the NA sector, focusing on stocks such as National Storage Affiliates, Rexford Industrial Realty, and Plymouth Industrial Reit.

Equinix has an analyst consensus of Strong Buy, with a price target consensus of $918.06.

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