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☆ This senior living stock is a buy with more than 30% upside, Jefferies says
▼ + stars: | 2024-10-16 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

The senior housing industry is approaching its "golden age" and Bookdale Senior Living should benefit, according to Jefferies. Analyst Brian Tanquilut initiated coverage of Brookdale Senior Living with a buy rating, saying that the sector should benefit from better occupancy as baby boomers "age into the sweet spot." "The combination of positive demographic trends, improved operations, and financial engineering ... should all translate to improved earnings performance that's not yet baked into the stock," he wrote. A slowdown in new construction due to Covid-19 delays and higher costs should also benefit shares. Of those, two have buy ratings, and the others assigned it an underperform rating, LSEG data shows.

Persons: Brian Tanquilut, Tanquilut, Brookdale Organizations: Jefferies

☆ Here are Wednesday's biggest analyst calls: Nvidia, Apple, Tesla, Starbucks, Disney, Microsoft, Cisco, Coinbase & more
▼ + stars: | 2024-10-16 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Wells Fargo reiterates Citi as overweight The firm said Citi remains a number one pick following earnings on Tuesday. Citi reiterates JB Hunt as a top pick Citi said the shipping giant remains a top pick following earnings on Tuesday. Citi upgrades Cisco to buy from neutral Citi says AI will play a bigger role in Cisco's future than investors assume. Bank of America upgrades Corteva to buy from neutral The firm said the ag chemical company has numerous tailwinds ahead. Citi reiterates Coinbase as buy The firm lowered its price target on the stock to $275 per share from $345.

Persons: Fargo, Goldman Sachs, Wells, Baird, Grainger, Jefferies, Rapid7, GTM, JB Hunt, JBHT, it's bullish, Bernstein, Tesla, it's, GOOG, TD Cowen, Yum, Cowen, Taco Bell, Morgan Stanley, Piper Sandler, Walt Disney, Guggenheim, HSBC downgrades Estee Lauder, Estee Lauder, Coinbase Organizations: Citi, FAST, BMO, Microsoft, Netflix, Autodesk, Nvidia, Barclays, Apple, DoJ, UBS, California Resources, CRC, Chord Energy, Yum Brands, Taco, Taco Bell, Disney, Walt, Cisco, HSBC downgrades, HSBC, Bank of America, Qualcomm Locations: China, Greater China

☆ This senior housing stock could soar 25% as the population ages, says Bank of America
▼ + stars: | 2024-07-15 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

Senior housing stocks are set to take off as the American population ages, according to Bank of America. Ventas' portfolio includes senior housing communities, medical office buildings and other health-care facilities. Bank of America sees "significant" senior housing operating margins upside ahead, driven by cyclical and secular growth. However, a nonrenewal and a conversion of the properties to Ventas' senior housing operating portfolio would provide an additional 1.2% boost to net operating income, he said. That said, Ventas is not the only senior housing REIT that Bank of America likes.

Persons: Joshua Dennerlein, Dennerlein, Brookdale, Ventas Organizations: Bank of America, . Census, Healthcare Locations: Brookdale

☆ Nashville's startup scene is booming. Here's why investors and founders are moving to 'Music City'
▼ + stars: | 2023-11-30 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +11 min

NASHVILLE, TENNESSEE - SEPTEMBER 1, 2019: Tourists visit the bars and country music venues in the Lower Broadway entertainment district in Nashville, Tennessee. As more investors and founders are flocking to explore Nashville's booming health care and technology scene, Shah said he gets recognized regularly. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty ImagesNicknamed "Music City," Nashville is chock-full of country singers and perpetually buzzing with live music. (Photo by Robert Alexander/Getty Images) Robert Alexander | Archive Photos | Getty ImagesNashville's health tech startup scene has also benefited from significant investment from local organizers and government officials. Eligible Nashville entrepreneurs can also become members of the Greater Nashville Technology Council and the Nashville Health Care Council.

Persons: Robert Alexander, Robin Shah, Shah, Pavlo Gonchar, Kyle Cooksey, Bill Frist, Cooksey, John Bass, Bass, Ellen Herlacher, Luke Benda, it's, Cerner, It's, Vanderbilt, Marcus Whitney, Whitney, Benda, Landon Gibbs, Gibbs, Raelyn Wilson, Wilson Organizations: Tourists, Broadway, Getty, Thyme, CNBC, Nashville, Nashville Health Care, Healthcare, HCA, Community Health Systems, Acadia Healthcare, Vanderbilt University, Vanderbilt University Medical Center, Belmont University, Meharry Medical, Monogram Health, Downtown, Istock, Amazon, Oracle, Bank, Greater Nashville Venture Capital Association, Center, Nashville Area, of Commerce, Force, Ventures, Greater, Greater Nashville Technology Council, Nashville Health Care Council, HCA Healthcare Locations: NASHVILLE , TENNESSEE, Nashville , Tennessee, Fort Lauderdale , Florida, Nashville, UKRAINE, U.S, Acadia, Downtown Nashville , Tennessee, Music City, Rocky, Colorado, Boston, Greater Nashville, Cumberland

☆ An ER doctor was fired after posting an Instagram story critics said 'rejoiced' in the Hamas attack on Israel
▼ + stars: | 2023-10-20 | by ( Sebastian Cahill | ) www.businessinsider.com time to read: +3 min

An ER doctor in NYC was fired after being accused of celebrating Hamas' attack on a music festival. An account on X posted photos of Dr. Dana Diab's story, criticizing her comments. AdvertisementAdvertisementAn emergency room doctor at New York's Lenox Hill Hospital was fired after accusations that she was "rejoicing" that Hamas attacked Israel. A representative for Northwell Health, which includes Lenox Hill Hospital, told Insider Diab was fired after her employers became aware of her comments. These views don't represent Lenox Hill Hospital & Northwell Health & go against our core values."

Persons: Dana Diab's, —, @StopAntisemitism, Diab, We've, Northwell, Tara Strong, Israel Organizations: Service, Lenox Hill Hospital, Brookdale University Hospital, Medical Center, Northwell Health, New York Post, Hamas, NYU, Harvard Locations: Lenox Hill, New, Israel, Qatar, Lenox

☆ The demand for senior housing is about to explode. These stocks will reap the benefits
▼ + stars: | 2023-06-27 | by ( Michelle Fox | ) www.cnbc.com time to read: +9 min

The rapidly aging population is expected to be a boon for senior housing. About 50% of those in assisted living facilities, for example, are aged 85 and older, while 31% are between 75 and 84 years old, according to the National Center for Assisted Living . Bumpy road but 'attractive valuation' ahead Right now, senior housing is seeing favorable demographics, as well as improving fundamentals and margins, said NIC's Clapp. There's a point where for each incremental bed added in senior housing, you might not need another worker in the building, he explained. Other names tied to the trend include Ensign and Omega Healthcare Investors , which both provide skilled nursing and senior living services, as well as Brookdale Senior Living , an operator of senior living communities with just a $755 million market cap.

Persons: Wells, Connor Siversky, Welltower, Ventas, Raymond James, Jonathan Hughes, You've, they've, Caroline Clapp, Greg Kuhl, Janus Henderson, We've, we've, Kuhl, Siversky, NIC's Clapp, Clapp, there's, Stocks, Janus Henderson's Kuhl, that's, Hughes, CNBC's Michael Bloom Organizations: . Census, National Center for, National Investment Center, Seniors Housing, Care, U.S . Census Bureau, NIC, Investors, Estate Fund, Omega Healthcare Investors Locations: U.S, NOI

☆ Land & Buildings spots a chance to build value in a real estate play with Six Flags
▼ + stars: | 2022-12-31 | by ( Kenneth Squire | ) www.cnbc.com time to read: +6 min

It invests in deeply discounted real estate in the public markets and select corporate engagements. Land & Buildings ("L&B") is a real estate focused investor, and this is primarily a real estate play. In its analysis, L&B assumes a 7.25% cap rate and a $2.8 billion value for the real estate. Without stabilizing operations, the real estate strategy can only create so much shareholder value. However, optimizing attendance and stabilizing operations will magnify any value created by the real estate strategy.

☆ Brooklyn hospital network reverts to paper charts for weeks after cyberattack
▼ + stars: | 2022-12-20 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +3 min

New York CNN —A network of three hospitals in Brooklyn, New York, has had to work off paper charts for weeks following a cyberattack on its computer systems in late November, the hospital group’s chief executive told CNN Monday. The hack affected “clinical applications,” including “those used for imaging and other critical services,” but many of those applications have been restored, One Brooklyn Health CEO LaRay Brown said in an email. One Brooklyn Health operates Brookdale University Hospital Medical Center, Interfaith Medical Center and Kingsbrook Jewish Medical Center. “No patients were adversely effected,” Brown told CNN in an email Monday, adding that the hospitals remain open to patients. Brookdale Hospital is located in the Brownsville neighborhood of Brooklyn, one of the poorest areas in New York City.

☆ Midterms could be a positive catalyst for stocks as investors await next big inflation report
▼ + stars: | 2022-11-04 | by ( Patti Domm | In | ) www.cnbc.com time to read: +6 min

There are two big hurdles for markets in the week ahead - another potentially hot consumer inflation report and the Congressional midterm elections. "100% of the time, the S & P 500 has been up 12 months after the midterm election." Midterm rallies Stocks tend to gain in the final months of midterm election years, and strategists have been expecting the market to move higher. CFRA Chief Market Strategist Sam Stovall said even when interest rates are climbing, the midterm election has been a catalyst for stocks. He examined market performance in other midterm election years when interest rates were going up.

☆ 19-year-old N.Y.C. school staffer in critical condition after being shot in the head
▼ + stars: | 2022-10-12 | by ( Chantal Da Silva | Chantal Da Silva Is A Breaking News Editor For Nbc News Digital Based In London. | ) www.nbcnews.com time to read: +2 min

A 19-year-old New York City school worker is in critical condition after he was shot in the head Tuesday afternoon while leaving the elementary school he was working at. As of early Wednesday morning, the NYPD said the victim remained in critical condition. The victim's union told NBC New York that he worked as a school paraprofessional for the Department of Education. He also said he would be working with the NYPD to increase security around the school. "This is a tragedy," New York City Mayor Eric Adams said in a tweet, responding to the deadly incident.

☆ Hurricane Ian forced America's largest senior living facility to evacuate 700+ residents
▼ + stars: | 2022-10-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHurricane Ian forced America's largest senior living facility to evacuate 700+ residentsCindy Baier, president and CEO of Brookdale Senior Living, joins 'The Exchange' to discuss having to evacuate over 700 elderly residents due to the severity of Hurricane Ian, the plan for returning residents home and the organization's track record of positive monthly net hires.

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