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BofA Cuts National Health Investors, Kite Realty Group, Alexandria Real Estate Equities
BofA moved National Health Investors to Underperform from Buy and cut its price objective to $67 from $86.

BofA Securities downgraded National Health Investors, Kite Realty Group and Alexandria Real Estate Equities after their third-quarter earnings announcements, reducing National Health Investors’ rating and price objective.
National Health Investors was cut to Underperform from Buy. BofA also lowered its price objective to $67 from $86.
Alexandria Real Estate Equities’ third-quarter results included funds from operations (FFO) of $1.57 per share and revenue of $671.18 million. The company narrowed its 2026 adjusted FFO guidance to $6.38 to $6.42 per share, with a midpoint of $6.40.