Raymond James Downgrades Essex Property Trust to Market Perform
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Buck Horne has downgraded Essex Property Trust (NYSE:ESS) from Outperform to Market Perform.
October 21, 2024 | 1:16 pm
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Raymond James has downgraded Essex Property Trust from Outperform to Market Perform, which may influence investor sentiment and lead to short-term price adjustments.
The downgrade by a reputable analyst can lead to a negative sentiment among investors, potentially causing a short-term decline in the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100