Evercore ISI analyst Steve Sakwa raised the firm’s price target on Equity Residential (EQR) to $70 from $67 and keeps an Outperform rating on the shares.
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Read More on EQR:
- Equity Residential price target lowered to $78.25 from $78.50 at Stifel
- Equity Residential: Hold Rating Reiterated as Solid Q1 Results Offset by Cautious Outlook; $68 Price Target Maintained
- Equity Residential reports Q1 normalized FFO 99c, consensus 95c
- Equity Residential sees Q2 normalized FFO 98c-$1.02
- Equity Residential price target raised to $76 from $75 at Barclays