Evercore ISI Group Upgrades Empire State Realty Trust to Outperform, Raises Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Steve Sakwa upgrades Empire State Realty Trust (NYSE:ESRT) from In-Line to Outperform and raises the price target from $7 to $8.
May 23, 2023 | 3:41 pm
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Empire State Realty Trust (ESRT) has been upgraded to Outperform by Evercore ISI Group, with a raised price target of $8.
The upgrade from In-Line to Outperform by Evercore ISI Group analyst Steve Sakwa indicates a positive outlook for Empire State Realty Trust. The raised price target from $7 to $8 suggests that the analyst believes the stock has potential for growth in the short term. This news is likely to have a positive impact on ESRT's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100