Equity Lifestyle price target raised to $72 from $69 at Evercore ISI

Evercore ISI raised the firm’s price target on Equity Lifestyle to $72 from $69 and keeps an In Line rating on the shares. After updating its model for the company’s Q2 results, the firm’s FY24 normalized FFO per share estimate is up 2c to $2.90 and its FY25 view is up 3c to $3.04, the analyst tells investors.