Mizuho Maintains Neutral on Equity Residential, Lowers Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vikram Malhorta maintains a Neutral rating on Equity Residential (EQR) and lowers the price target from $62 to $61.

February 28, 2024 | 1:49 pm
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NEUTRAL IMPACT
Equity Residential's price target has been lowered from $62 to $61 by Mizuho, while maintaining a Neutral rating.
The adjustment in price target by a notable analyst like Vikram Malhorta from Mizuho, while maintaining a Neutral stance, suggests a minor recalibration in valuation rather than a fundamental shift in the company's outlook. This is likely to have a neutral short-term impact on EQR's stock price as the market absorbs this slight adjustment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100