Barclays raised the firm’s price target on Essex Property Trust (ESS) to $292 from $290 and keeps an Equal Weight rating on the shares. The firm adjusted ratings and targets in the real estate investment trust group as part of its 2026 outlook. It sees the most upside in apartments, storage, and single family rentals in 2026, and is least positive on cold storage and retail. Barclays remains Neutral on REITs overall for 2026,
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Read More on ESS:
- Essex Property downgraded to Market Perform from Outperform at BMO Capital
- Balanced Risk/Reward Leads to Hold on Essex Property Amid Slowing FFO Growth and California Regulatory Uncertainty
- Essex Property Trust price target raised to $274 from $267 at UBS
- Essex Property Trust price target raised to $290 from $281 at Cantor Fitzgerald
- Essex Property Trust price target lowered to $273 from $283 at Truist