Morgan Stanley Maintains Equal-Weight on Essex Property Trust, Lowers Price Target to $228.5
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Chandni Luthra maintains an Equal-Weight rating on Essex Property Trust (NYSE:ESS) and lowers the price target from $246 to $228.5.
May 26, 2023 | 11:50 am
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NEUTRAL IMPACT
Morgan Stanley maintains an Equal-Weight rating on Essex Property Trust and lowers the price target from $246 to $228.5.
The news directly mentions Essex Property Trust (ESS) and the lowered price target by Morgan Stanley. The Equal-Weight rating suggests that the stock is expected to perform in line with the market, and the lowered price target may have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100