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Essex Property Trust price target raised to $280 from $279 at Wells Fargo

Wells Fargo analyst James Feldman raised the firm’s price target on Essex Property Trust (ESS) to $280 from $279 and keeps an Equal Weight rating on the shares. The firm is updating its Residential REIT models. Looking ahead, Wells’ focus remains on incremental updates during its Q3 Market Update Call with RealPage on Tuesday, October 14.

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