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Bullboard - Stock Discussion Forum Dri Healthcare Trust T.DHT.UN

Alternate Symbol(s):  DHTRF

DRI Healthcare Trust is an open-ended trust that provides unitholders with differentiated exposure to the anticipated growth in the global pharmaceuticals and biotechnology markets. Its business model is focused on managing and growing a diversified portfolio of pharmaceutical royalties to deliver attractive growth in cash royalty receipts over the long term. Geographically, it has a presence... see more

TSX:DHT.UN - Post Discussion

Dri Healthcare Trust > Revised Targets
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Post by retiredcf on Sep 21, 2023 7:04am

Revised Targets

Canaccord Genuity’s Tania Armstrong-Whitworth cut her DRI Healthcare Trust  target to $16.25 from $17 with a “buy” rating, while CIBC’s Scott Fletcher lowered his target to $18 from $20 with an “outperformer” rating. The average is $18.25.
Comment by retiredcf on Sep 21, 2023 8:25am
More from Canaccord. GLTA “We believe this latest round, especially as it comes on the heels of the July raise, corroborates management’s messaging that its pipeline is more robust than ever,” said Ms. Armstrong-Whitworth. “The drug royalty space has been extremely active this year given continued weakness across equity markets, particularly for biotechs. We view the timing favourably as shares ...more  
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