Citigroup Maintains Buy Rating for Essex Property Trust: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Citigroup has maintained its Buy rating for Essex Property Trust (NYSE:ESS) and increased its price target from $250.00 to $280.00. Essex Property Trust's shares are currently trading at $234.24, up 0.47% over the last 24 hours. A move to $280.00 would represent a 19.54% increase from the current share price.
August 22, 2023 | 5:00 pm
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Citigroup has maintained its Buy rating for Essex Property Trust and raised its price target, indicating a positive outlook for the company's stock.
The decision by Citigroup to maintain its Buy rating for Essex Property Trust and raise its price target suggests a positive outlook for the company's stock. This could potentially lead to an increase in the stock's price in the short term.
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