BofA lowered the firm’s price target on Equity Residential (EQR) to $78 from $85 and keeps a Neutral rating on the shares. After updating models for Q1 results, the firm has adjusted estimates and price targets for a number of residential REITs.
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Read More on EQR:
- Equity Residential price target raised to $76 from $75 at RBC Capital
- Equity Residential Exceeds Q1 2025 Expectations
- Equity Residential’s Earnings Call: Cautious Optimism Amid Challenges
- Equity Residential price target lowered to $80 from $82.25 at Stifel
- Positive Trends and Strong Market Performance Justify Buy Rating for Equity Residential
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