Cantor Fitzgerald initiated coverage of Essex Property Trust (ESS) with an Overweight rating and $300 price target The firm initiated coverage of the U.S. REITs, including nine property sectors and 40 stocks. Although there isn’t widespread enthusiasm for a REIT recovery in 2026 just yet, Cantor believes the industry could be well-positioned over the next 12 to 24 months, the analyst tells investors in a research note. The firm’s top property sector calls include Office, Industrial, Healthcare and Net Lease, but is incrementally more cautious on Multifamily and Hotels.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ESS:
- Essex Property Trust price target lowered to $297 from $298 at Barclays
- Essex Property Trust downgraded to Neutral from Outperform at BNP Paribas Exane
- Essex Property Trust price target raised to $283 from $279 at Evercore ISI
- Essex Property Trust price target lowered to $285 from $304 at Morgan Stanley
- Essex Property Trust price target lowered to $283 from $295 at Truist