The article provides an overview of analyst ratings for Essex Property Trust (NYSE:ESS) in the last quarter. The average price target of $234.41 implies an upside from the current price of $215.8. However, the ratings are mixed, with both bullish and bearish opinions, making it difficult to predict a clear short-term price direction. The decrease in the average price target by 4.13% from the previous average of $244.50 adds uncertainty to the stock's short-term performance.