Baird Maintains Neutral on Essex Property Trust, Raises Price Target to $236
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Wesley Golladay maintains a Neutral rating on Essex Property Trust (NYSE:ESS) and raises the price target from $229 to $236.

March 12, 2024 | 1:14 pm
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Baird analyst Wesley Golladay maintains a Neutral rating on Essex Property Trust and raises the price target from $229 to $236.
The increase in price target by Baird suggests a positive outlook on the stock's value, potentially leading to increased investor interest and a short-term positive impact on the stock price. However, the maintenance of a Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing the potential for growth against existing market risks.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100