The Fly

Essex Property Trust price target lowered to $211 from $235 at Scotiabank

Scotiabank analyst Nicholas Yulico lowered the firm’s price target on Essex Property Trust to $211 from $235 and keeps an Underperform rating on the shares. The analyst affirmed his "relatively negative view" on the stock as compared to multifamily peers. He expects Essex to trade at a discount to peers due to worse fundamental impact from West Coast market exposures in 2023.

Published first on TheFly

See the top stocks recommended by analysts >>

Read More on ESS:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More