Raymond James Upgrades Essex Property Trust to Outperform, Announces $265 Price Target
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Buck Horne upgraded Essex Property Trust (NYSE:ESS) from Market Perform to Outperform and set a price target of $265.

March 18, 2024 | 9:44 am
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Essex Property Trust was upgraded by Raymond James from Market Perform to Outperform with a new price target of $265.
Upgrades by reputable analysts like Raymond James typically lead to positive short-term price movements. The new price target of $265 suggests a bullish outlook on the stock, likely increasing investor confidence and potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100