Scotiabank Maintains Sector Perform on Equity Residential, Raises Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Nicholas Yulico maintains a Sector Perform rating on Equity Residential (EQR) and raises the price target from $65 to $72.
May 14, 2024 | 4:56 pm
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POSITIVE IMPACT
Scotiabank's updated rating and increased price target for Equity Residential reflects a positive outlook on the company's stock, potentially leading to increased investor interest.
The increase in price target by Scotiabank suggests a positive reassessment of Equity Residential's market position and future prospects. This could lead to increased investor confidence and potentially drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100