BMO Capital Upgrades Equity Residential to Market Perform, Raises Price Target to $64
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst John Kim upgrades Equity Residential (NYSE:EQR) from Underperform to Market Perform and raises the price target from $60 to $64.
June 05, 2023 | 11:38 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Equity Residential (EQR) has been upgraded by BMO Capital from Underperform to Market Perform, with a raised price target of $64.
The upgrade from Underperform to Market Perform by BMO Capital indicates a positive change in the analyst's outlook for EQR. The raised price target from $60 to $64 suggests an expected increase in the stock's value. This news is likely to have a positive short-term impact on EQR's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100