B of A Securities Upgrades Essex Property Trust to Buy, Raises Price Target to $275
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Joshua Dennerlein upgraded Essex Property Trust (NYSE:ESS) from Neutral to Buy and increased the price target from $250 to $275.

April 01, 2024 | 5:56 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Essex Property Trust was upgraded from Neutral to Buy by B of A Securities analyst Joshua Dennerlein, with a price target increase from $250 to $275.
The upgrade from Neutral to Buy indicates a positive outlook on Essex Property Trust by B of A Securities, suggesting confidence in the company's future performance. The increase in the price target from $250 to $275 further emphasizes this optimistic view, potentially leading to increased investor interest and a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100