Deutsche Bank Upgrades Equity Residential to Buy, Raises Price Target to $83
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank has upgraded Equity Residential (NYSE:EQR) from Hold to Buy and increased its price target from $62 to $83, indicating a positive outlook for the company's stock.
September 10, 2024 | 12:26 pm
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Deutsche Bank has upgraded Equity Residential from Hold to Buy and raised the price target from $62 to $83, suggesting a positive short-term outlook for the stock.
The upgrade from Hold to Buy by Deutsche Bank, along with a significant increase in the price target, indicates strong confidence in Equity Residential's future performance. This is likely to attract investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100