Goldman Sachs Maintains Buy on Brookdale Senior Living

Goldman Sachs is out with its report today on Brookdale Senior Living (NYSE: BKD), maintaining Buy.

In a note to clients, Goldman Sachs writes, "We lower our 2Q CFFO estimate for Buy-rated leading senior housing operator Brookdale Senior Living but maintain our positive investment view and believe that BKD still offers the most compelling absolute upside in our CRE/REITs coverage. In summary, we still recommend investors buy BKD for 22% upside to our unchanged 12-month price target of $30."

Shares of BKD closed Tuesday at $24.29, down 1.26% from Friday's close.