Piper Sandler Maintains Neutral on Equity Residential, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Goldfarb maintains a Neutral rating on Equity Residential (EQR) and raises the price target from $62 to $70.
April 29, 2024 | 12:59 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Piper Sandler maintains a Neutral rating on Equity Residential and raises the price target from $62 to $70.
The increase in price target from $62 to $70 by Piper Sandler suggests a positive outlook on Equity Residential's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an expectation of stronger performance or valuation metrics that could lead to upward movement in EQR's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90