Evercore ISI lowered the firm’s price target on Equity Residential (EQR) to $68 from $70 and keeps an Outperform rating on the shares. The firm is updating models for all apartment REITs in its coverage, focusing on trends from Q3 results and a more cautious demand outlook for FY26.
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Read More on EQR:
- Equity Residential’s Mixed Earnings Call: Key Insights
- Equity Residential price target lowered to $79.75 from $80.50 at Stifel
- Equity Residential: Navigating Challenges with Strategic Buybacks and Financial Stability
- Equity Residential reports Q3 normalized FFO $1.02, consensus $1.02
- Equity Residential sees Q4 normalized FFO $1.02-$1.06