Equity Residential (EQR) PT Lowered to $82.25 at Stifel
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Price: $66.00 +0.05%
Rating Summary:
12 Buy, 29 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
12 Buy, 29 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Stifel analyst Simon Yarmak lowered the price target on Equity Residential (NYSE: EQR) to $82.25 (from $85.00) while maintaining a Buy rating.
He said, "Equity Residential reported 4Q24 normalized FFO per share of $1.00, $0.01 below our estimate and in line with the Street. 4Q24 normalized FFO guidance was $0.98-$1.02. Variance to our estimate was driven by higher expenses."
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