Mizuho Maintains Neutral on Equity Residential, Raises Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vikram Malhorta maintains a Neutral rating on Equity Residential (NYSE:EQR) and raises the price target from $61 to $64.
May 30, 2024 | 12:44 pm
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Mizuho analyst Vikram Malhorta maintains a Neutral rating on Equity Residential and raises the price target from $61 to $64.
The raised price target from $61 to $64 suggests a positive outlook on the stock, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not foresee significant outperformance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100