Truist lowered the firm’s price target on Equity Lifestyle (ELS) to $68 from $71 and keeps a Buy rating on the shares as part of a broader research note on REITs. The firm is adjusting its model to reflect the sector’s Q2 results and its adjusted revenue growth and expense assumptions, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ELS:
- 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
- Equity Lifestyle upgraded to Buy from Neutral at Compass Point