Wells Fargo’s Recent Coverage of EPR Properties (EPR): What You Need to Know
Introduction:In a recent move, Wells Fargo initiated coverage of EPR Properties (NYSE:EPR) on September 21, 2023, with an "Underweight" recommendation, according to reports by Fintel. This decision has sparked interest in the investment community, with analysts offering insights and projections for the company's future.Price Forecast and Recommendations:As of August 31, 2023, the average one-year price target for EPR Properties stands at $50.15, with forecasts ranging from a low of $45.45 to a high of $56.70. This average price target suggests a potential increase of 17.28% from EPR's latest closing price of $42.76. It's important to note that this projection is not without its challenges, as the company is anticipated to experience a 16.47% decrease in projected annual revenue. The estimated annual non-GAAP EPS is $2.55.Dividend Declaration:EPR Properties declared a regular…