Truist Securities Maintains Buy on Equity Residential, Raises Price Target to $77
Portfolio Pulse from jenniferd'souza@benzinga.com
Truist Securities analyst Michael Lewis maintains a Buy rating on Equity Residential (NYSE:EQR) and raises the price target from $71 to $77.
August 14, 2023 | 12:42 pm
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POSITIVE IMPACT
Truist Securities maintains a Buy rating on Equity Residential and raises the price target from $71 to $77, which could lead to a positive market reaction.
The raised price target by Truist Securities indicates a positive outlook for Equity Residential. This could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100