Morgan Stanley lowered the firm’s price target on Equity Lifestyle (ELS) to $62.50 from $67.50 and keeps an Equal Weight rating on the shares. It was a “mixed” Q2 earnings season for Manufactured Housing REITs, says the analyst, who tweaked estimates and adjusted targets after conversations with each company and private operator checks.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ELS:
- Equity Lifestyle price target lowered to $68 from $71 at Truist
- Equity Lifestyle upgraded to Overweight from Equal Weight at Barclays
- Equity Lifestyle price target lowered to $66 from $67 at RBC Capital
- Equity LifeStyle Properties Reports Stable Q2 2025 Performance
- Equity Lifestyle Properties’ Earnings Call Highlights Mixed Sentiments