Equity Residential (EQR) Tops Q1 EPS by 44c; offers guidance

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Go back to Equity Residential (EQR) Tops Q1 EPS by 44c; offers guidance

Equity Residential (EQR) PT Raised to $69 at RBC Capital

April 25, 2024 6:41 AM EDT

RBC Capital analyst Brad Heffern raised the price target on Equity Residential (NYSE: EQR) to $69.00 (from $68.00) while maintaining a Outperform rating.

The analyst comments "EQR's 1Q24 results were strong, and while the company did not increase guidance (traditionally unchanged in 1Q),... More

Equity Residential (EQR) PT Raised to $70 at Evercore ISI

April 24, 2024 4:15 PM EDT

Evercore ISI analyst Steve Sakwa raised the price target on Equity Residential (NYSE: EQR) to $70.00 (from $67.00) while maintaining a Outperform rating.

THe analyst comments "As mentioned in our initial take last night (here), EQR reported Q1 normalized FFO of $0.93 which came in above our est ($0.90) and consensus ($0.91) on stronger NOI driven by lower expense growth along with a modest improvement in non resi revenue growth... More