Goldman Sachs Initiates Coverage On Equity Residential with Neutral Rating, Announces Price Target of $81
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has initiated coverage on Equity Residential (NYSE:EQR) with a Neutral rating and set a price target of $81.
September 04, 2024 | 10:08 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Goldman Sachs has initiated coverage on Equity Residential with a Neutral rating and a price target of $81, indicating a balanced outlook on the stock.
The Neutral rating suggests that Goldman Sachs does not expect significant short-term movement in EQR's stock price. The price target of $81 provides a benchmark for investors, indicating that the stock is fairly valued at current levels.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100