Essex Property Trust (ESS) Tops Q2 FFO by 4c

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Stifel Upgrades Essex Property Trust (ESS) to Buy

August 3, 2018 5:29 AM EDT

Stifel upgraded Essex Property Trust (NYSE: ESS) from Hold to Buy with a price target of $260.00 (from $235.00).

Analyst John Guinee offers eight reasons for upgrading the equity:

the TEV of roughly $388K/unit relative to our estimates of... More