Essex Property Trust price target raised to $301.50 from $299 at Stifel

Stifel analyst Simon Yarmak raised the firm’s price target on Essex Property Trust (ESS) to $301.50 from $299 and keeps a Hold rating on the shares. Essex reported Q1 core FFO of $3.97 per share, 1c above the firm’s estimate and 5c above the Street view, the analyst noted.