Morgan Stanley Maintains Equal-Weight on Essex Property Trust, Raises Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Adam Kramer has maintained an Equal-Weight rating on Essex Property Trust (NYSE:ESS) and increased the price target from $227 to $230.
February 26, 2024 | 3:52 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Essex Property Trust and raised the price target from $227 to $230.
The increase in the price target by Morgan Stanley suggests a positive outlook on Essex Property Trust's stock value in the short term. Given the influence of analyst ratings and price targets on investor sentiment, this adjustment is likely to be viewed positively by the market, potentially leading to an uptick in ESS's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100