Barclays lowered the firm’s price target on Equity Residential (EQR) to $81 from $83 and keeps an Overweight rating on the shares. The firm updated real estate investment trust models post the Q2 reports.
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Read More on EQR:
- Equity Residential price target raised to $80.50 from $80 at Stifel
- Equity Residential: Hold Rating Amid Mixed Signals and Lease Growth Concerns
- Equity Residential reports Q2 normalized FFO 99c, consensus 99c
- Equity Residential raises FY25 normalized FFO to $3.97-$4.03 from $3.90-$4.00
- Equity Residential sees Q3 normalized FFO $0.99-$1.03