Barclays analyst Richard Hightower lowered the firm’s price target on Equity Residential (EQR) to $79 from $83 and keeps an Outperform rating on the shares as part of a Q4 earnings preview for the real estate investment trust group. It reduced apartment and single family rental estimates and targets across the board, which it says “hopefully” resets the bar for a beat-and-raise year in 2025.
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