Piper Sandler Upgrades Equity Residential to Overweight, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler has upgraded Equity Residential (NYSE:EQR) from Neutral to Overweight and raised the price target from $70 to $80.
June 28, 2024 | 9:32 am
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Piper Sandler has upgraded Equity Residential (NYSE:EQR) from Neutral to Overweight and raised the price target from $70 to $80.
The upgrade from Neutral to Overweight and the increased price target from $70 to $80 by Piper Sandler is likely to positively impact EQR's stock price in the short term. Analyst upgrades generally signal confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100