Mizuho raised the firm’s price target on Essex Property Trust to $232 from $219 and keeps a Neutral rating on the shares. The firm expects apartment real estate investment trusts to continue to lag the REIT sector in the first half of 2024 and recommends incremental caution as well as stock selectivity.
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Read More on ESS:
- Essex Property Trust price target raised to $218 from $216 at Evercore ISI
- Essex Property Trust price target lowered to $225 from $226 at Stifel
- Essex Property upgraded to Market Perform from Underperform at BMO Capital
- Essex Property Trust price target lowered to $232 from $244 at Wells Fargo
- Essex Property Trust sees Q4 core FFO $3.78-$3.85
