Truist Securities Maintains Hold on Essex Property Trust, Lowers Price Target to $260
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Lewis has maintained a Hold rating on Essex Property Trust (NYSE:ESS) and reduced the price target from $266 to $260.

December 14, 2023 | 6:27 pm
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Essex Property Trust's price target has been lowered from $266 to $260 by Truist Securities, although the Hold rating remains unchanged.
The reduction in price target by Truist Securities suggests a slightly less optimistic outlook on Essex Property Trust's stock value, but since the rating remains a Hold, the immediate impact on the stock price may be neutral. Investors may have already anticipated this adjustment due to market conditions or previous performance indicators.
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