Wells Fargo Maintains Overweight on Equity Lifestyle Props, Lowers Price Target to $70.5
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst James Feldman maintains an Overweight rating on Equity Lifestyle Props (NYSE:ELS) but lowers the price target from $75.5 to $70.5.
May 30, 2023 | 11:51 am
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Wells Fargo maintains an Overweight rating on Equity Lifestyle Props (ELS) and lowers the price target from $75.5 to $70.5.
The news directly mentions ELS and the lowered price target by Wells Fargo analyst James Feldman. While the Overweight rating is maintained, the reduced price target may cause some uncertainty among investors, leading to a neutral short-term impact on the stock price.
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