Essex Property Trust (ESS) Tops Q2 EPS by 4c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/16/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Canaccord Genuity Remains Sidelined on Essex Property Trust (ESS) Following 2Q Review
August 1, 2016 11:05 AM EDTCanaccord Genuity reiterated a Hold rating on Essex Property Trust (NYSE: ESS), and raised the price target to $246.00 (from $239.00), following a review of the company's 2Q. New rents in the area decelerated from +9% in January, to +6% in March, to +4% in April, to up just +1.5% in July, which is cause for concern as the company is in its peak leasing season. However, absolute valuations have risen recently, as the stock now trades at an approximate 2% premium to NAV... More
