BMO Capital Upgrades Essex Property Trust to Market Perform, Announces $225 Price Target
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst John Kim has upgraded Essex Property Trust (NYSE:ESS) from Underperform to Market Perform and set a price target of $225.
November 09, 2023 | 12:07 pm
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Essex Property Trust has been upgraded by BMO Capital from Underperform to Market Perform with a new price target of $225.
The upgrade from BMO Capital is a positive signal for Essex Property Trust. It indicates that the analyst believes the company's stock will perform in line with the market, an improvement from the previous Underperform rating. The new price target of $225 also suggests potential upside for the stock.
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