JP Morgan Maintains Neutral on Equity Residential, Raises Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Anthony Paolone maintains a Neutral rating on Equity Residential (NYSE:EQR) and raises the price target from $66 to $68.

June 17, 2024 | 2:03 pm
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JP Morgan analyst Anthony Paolone maintains a Neutral rating on Equity Residential and raises the price target from $66 to $68.
The raised price target from $66 to $68 suggests a positive outlook, which could lead to a slight increase in investor confidence and a potential short-term price uptick. However, the Neutral rating indicates that significant gains are not expected.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100