Scotiabank Raises its Price Target on Welltower (WELL)

Welltower Inc. (NYSE:WELL) is one of the 15 High Growth Stocks to Buy and Hold for the Next Decade.

On May 21, 2026, Scotiabank raised the firm’s price target on Welltower Inc. (NYSE:WELL) to $248 from $236 and maintained an Outperform rating on the shares. Scotiabank said it was updating price targets for U.S. Real Estate & REITs under its coverage following Q1 results. The firm cited a “robust start” to the year for NYC office leasing, with broker checks pointing to strong tenant demand across alternative asset managers, banks, and tech firms. For multifamily, Scotiabank noted that rent growth has been mixed across the Sunbelt, with most markets still below 2015-2019 occupancy levels.

Jefferies analyst Jonathan Petersen also raised the firm’s price target on Welltower Inc. (NYSE:WELL) to $248 from $237 and maintained a Buy rating on the shares. Jefferies adjusted its estimates after the company’s Q1 earnings report and guidance raise.

Scotiabank Raises its Price Target on Welltower (WELL)

Last month, Welltower Inc. (NYSE:WELL) reported Q1 normalized FFO of $1.47, ahead of the consensus estimate of $1.45. Revenue totaled $3.35B, above the consensus estimate of $3.2B. The company also reported total portfolio year-over-year SSNOI growth of 16.4%, driven by 22.1% SSNOI growth in its Seniors Housing Operating portfolio.

Welltower Inc. (NYSE:WELL) focuses on rental housing for aging seniors across the United States, the United Kingdom, and Canada.

While we acknowledge the risk and potential of WELL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than WELL and that has 10,000% upside potential, check out our report about the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.

1281292 - 11759070 - 1