Piper Sandler Upgrades Equity Residential to Neutral, Raises Price Target to $68
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Alexander Goldfarb upgrades Equity Residential (NYSE:EQR) from Underweight to Neutral and raises the price target from $63 to $68.
June 09, 2023 | 9:04 am
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Equity Residential (EQR) has been upgraded from Underweight to Neutral by Piper Sandler, with a raised price target of $68.
The upgrade from Underweight to Neutral by Piper Sandler indicates a more positive outlook on Equity Residential's stock. The raised price target of $68 suggests that the analyst believes the stock has potential for growth in the short term, which could positively impact the stock price.
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IMPORTANCE 80
RELEVANCE 100