Analysts Split on REITs, Power, and Storage

Wall Street delivered a mixed batch of calls on Wednesday. Two healthcare REITs took hits while power and storage names attracted fresh optimism.

Alexandria Real Estate Equities was downgraded by analysts, pulling consensus from Buy toward Hold. The life-science REIT carries a $9.1B market cap. Its average target price sits at $51.36. Fellow REIT Healthpeak Properties was also downgraded in the same session, deepening a sell-side retreat from healthcare property names.

UBS stood out with a bullish call on Generac Holdings. Analyst Jon Windham raised his target to $335 from $305. That's a 10% bump. The power generator maker has a $14B market cap. Short interest is low at 4.4% of free float. Bullish sentiment on backup power stocks has grown as grid reliability concerns persist.

Jabil and Western Digital both saw consensus target prices nudged higher. Jabil's average target rose to $348 from $342. WDC's moved to $542 from $537.

Oracle got a contrarian "Hold" initiation from RBC Capital's Rishi Jaluria at $190. That sits well below the $256 consensus average target. It's a rare bearish voice in an otherwise bullish crowd of 35 analysts.

GE Vernova saw its average target trimmed slightly to $1,212 from $1,216, a modest pullback despite sustained long-term power demand tailwinds.