Mizuho Maintains Neutral on Essex Property Trust, Raises Price Target to $256
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vikram Malhorta has maintained a Neutral rating on Essex Property Trust (NYSE:ESS) and increased the price target from $232 to $256.

January 10, 2024 | 3:59 pm
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POSITIVE IMPACT
Mizuho analyst Vikram Malhorta maintains a Neutral rating on Essex Property Trust but raises the price target from $232 to $256.
The increase in price target by Mizuho suggests a positive outlook on the value of Essex Property Trust, which could lead to increased investor confidence and a potential short-term rise in the stock price. However, the Neutral rating indicates that the analyst does not see significant upside or downside in the near term, hence the score is not higher.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100