Evaluating Equity Residential: Insights From 11 Financial Analysts
Portfolio Pulse from Benzinga Insights
Over the past three months, 11 analysts have evaluated Equity Residential (NYSE:EQR), showing a range of sentiments from bullish to bearish. The average 12-month price target has increased by 3.04% to $68.91. Recent analyst actions include several rating raises and one downgrade, reflecting a generally positive outlook.
May 30, 2024 | 1:00 pm
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POSITIVE IMPACT
Equity Residential (NYSE:EQR) has seen a range of analyst ratings over the past three months, with a recent increase in the average 12-month price target to $68.91. Several analysts have raised their ratings and price targets, indicating a generally positive outlook.
The increase in the average 12-month price target and multiple rating raises suggest a positive short-term outlook for EQR. Analysts' actions reflect confidence in the company's performance and potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100