Scotiabank Maintains Sector Outperform on Essex Property Trust, Raises Price Target to $309
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Nicholas Yulico has maintained a Sector Outperform rating on Essex Property Trust and raised the price target from $290 to $309.
August 26, 2024 | 1:33 pm
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POSITIVE IMPACT
Scotiabank has increased its price target for Essex Property Trust from $290 to $309, maintaining a Sector Outperform rating. This suggests confidence in the company's performance and potential for stock price appreciation.
The increase in price target from $290 to $309 by Scotiabank indicates a positive outlook on Essex Property Trust's future performance. The maintained Sector Outperform rating suggests that the analyst expects the stock to perform better than its peers, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100