Barclays Maintains Overweight on Equity Lifestyle Props, Lowers Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Anthony Powell maintains an Overweight rating on Equity Lifestyle Properties (ELS) but lowers the price target from $78 to $72.
April 26, 2024 | 1:56 pm
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Barclays maintains an Overweight rating on Equity Lifestyle Properties but lowers the price target from $78 to $72.
The adjustment in price target by Barclays reflects a recalibration of expectations for ELS, likely due to market conditions or company performance. While the Overweight rating indicates a positive outlook, the reduction in price target suggests tempered expectations for stock price growth in the short term.
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