Truist Securities Maintains Buy on Equity Residential, Raises Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Equity Residential (NYSE:EQR) and increased the price target from $73 to $77.
August 29, 2024 | 1:34 pm
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POSITIVE IMPACT
Truist Securities has reaffirmed its Buy rating on Equity Residential and increased the price target from $73 to $77, indicating a positive outlook.
The reaffirmation of a Buy rating and an increase in the price target by a reputable analyst can positively influence investor sentiment and potentially lead to a short-term increase in EQR's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100