Truist analyst Anthony Hau raised the firm’s price target on Equity Lifestyle to $77 from $75 and keeps a Buy rating on the shares. The firm is updating its model to reflect the company’s latest quarter results, recent events, and adjusted revenue growth and expense assumptions.
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Read More on ELS:
- Equity Lifestyle to replace Life Storage in S&P 400 at open on 7/24
- Equity Lifestyle price target lowered to $69 from $70 at RBC Capital
- Equity Lifestyle price target lowered to $76 from $79 at Baird
- Equity Lifestyle sees FY23 normalized FFO $2.80-$2.90, consensus $2.85
- Equity Lifestyle sees Q3 normalized FFO 68c-74c