Truist lowered the firm’s price target on Equity Lifestyle (ELS) to $71 from $72 and keeps a Buy rating on the shares as part of a broader research note on REITs. The firm is updating its models based on Q1 results and the adjusted revenue growth and expense assumptions, the analyst tells investors in a research note.
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Read More on ELS:
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- Equity LifeStyle Properties Reports Strong Q1 2025 Results
- Equity Lifestyle price target lowered to $77 from $78 at BMO Capital
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