Compass Point Maintains Neutral on Equity Lifestyle Props, Raises Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Merrill Ross maintains a Neutral rating on Equity Lifestyle Properties (NYSE:ELS) and raises the price target from $70 to $72.
October 23, 2024 | 5:59 pm
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Compass Point has maintained a Neutral rating on Equity Lifestyle Properties but raised the price target from $70 to $72, indicating a slight positive outlook.
The increase in price target from $70 to $72 suggests a slightly more positive outlook on ELS's future performance, which could lead to a minor positive impact on the stock price. However, the Neutral rating indicates that the analyst does not expect significant outperformance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100