Compass Point Initiates Coverage On Equity Lifestyle Props with Neutral Rating, Announces Price Target of $65
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Merrill Ross has initiated coverage on Equity Lifestyle Props (NYSE:ELS) with a Neutral rating and a price target of $65.
October 10, 2023 | 12:07 pm
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NEUTRAL IMPACT
Equity Lifestyle Props (ELS) has been initiated with a Neutral rating by Compass Point, with a price target of $65.
The initiation of coverage by Compass Point with a Neutral rating suggests that the analyst sees the stock as fairly valued at current levels. The price target of $65 provides a reference point for investors, but does not necessarily suggest significant upside or downside. This could lead to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100