Apr. 8 at 8:23 PM
$BKD Brookdale Senior Living initiated with an Overweight at Stephens
Stephens initiated coverage of Brookdale Senior Living with an Overweight rating and
$18 price target. Brookdale Senior represents an adjacent exposure aligned with the structural shift towards lower-cost care settings, says the analyst, who adds that the company's largely private-pay model mitigates exposure to government reimbursement risk.