The Globe and Mail reports in its Wednesday, Sept. 6, edition that Scotia Capital analyst Himanshu Gupta has assumed coverage on Northwest Healthcare Properties REIT with a "sector perform" recommendation. The Globe's David Leeder writes in the Eye On Equities column that Mr. Gupta's unit target soared $1.50 to $9.50. Analysts on average target the units at $8.29. Mr. Gupta says in a note: "We think market is largely pricing in a distribution cut, and we see limited downside from here. In our view, Northwest Healthcare Properties could rally in a scenario when rate cut cycle begins." The Globe reported on Aug. 15 that CIBC World Markets analyst Dean Wilkinson had lowered his recommendation for Northwest Healthcare to "neutral" from "outperformer," with a $9 unit target, down from $11. In the item he said, There are perhaps too many unpredictable outcomes on which we cannot, with certainty, provide commentary." The units could then be had for $6.70. The Globe reported on Aug. 18 that National Bank analyst Tal Woolley had reaffirmed his "sector perform" recommendation on Northwest Healthcare. He jacked his unit target ahead by half a buck to $7. The units were then going for $6.43.