JPMorgan raised the firm’s price target on Elme Communities to $19 from $17 and keeps an Overweight rating on the shares. The analyst updated models in the residential real estate investment trust group.
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Read More on ELME:
- Elme Communities price target raised to $17 from $14 at Wells Fargo
- Equity Residential price target raised to $77 from $73 at Truist
- Elme Communities price target raised to $18 from $16 at Truist
- Elme Communities tightens FY24 core FFO view to 91c-95c from 90c 96c
- Elme Communities reports Q2 core FFO 23c, consensus 23c
