Mizuho analyst Haendel St. Juste raised the firm’s price target on Equity Residential to $72 from $67 and keeps a Buy rating on the shares. The analyst says the Q4 results and outlooks support the firm’s favorable view on apartment real estate investment trusts.
Published first on TheFly
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- Equity Residential sees FY23 normalized FFO $3.70-$3.80
- Equity Residential reports Q4 normalized FFO 94c, consensus 94c
- Housing downturn could fuel gains for residential REITs, Barron’s says
- Equity Residential upgraded to Buy from Hold at Truist
- BTIG cuts Equity Residential to Neutral on underperformance in Apartment REITs
