Scotiabank Maintains Sector Outperform on Essex Property Trust, Raises Price Target to $329
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Nicholas Yulico maintains a Sector Outperform rating on Essex Property Trust and raises the price target from $309 to $329.
September 16, 2024 | 6:06 pm
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POSITIVE IMPACT
Scotiabank has increased its price target for Essex Property Trust from $309 to $329, 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 $309 to $329 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 increased investor interest and a potential rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100