Stifel analyst Simon Yarmak raised the firm’s price target on Equity Residential (EQR) to $80.50 from $80 and keeps a Buy rating on the shares after the company reported Q2 normalized FFO per share that was in-line with the firm’s estimate and 1c above the Street consensus.
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Read More on EQR:
- 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
- Is EQR a Buy, Before Earnings?