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Stock impact report

Barclays Raises the Firm's PT on Essex Property Trust (ESS) Stock [Yahoo! Finance]

Essex Property Trust, Inc. (ESS) 
Last essex property trust, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.essexapartmenthomes.com
Company Research Source: Yahoo! Finance
On January 13, Barclays lifted the firm's price objective on the company's stock to $292 from $290, while keeping an “Equal Weight” rating, as reported by The Fly. Notably, the firm adjusted its ratings and targets in the broader real estate investment trust group. This was part of its 2026 outlook. The firm expects most upside in apartments, storage, and single-family rentals in 2026. It is least positive on cold storage and retail. Overall, it is Neutral on REITs for 2026. On January 9, BMO Capital analyst John Kim downgraded Essex Property Trust, Inc. (NYSE:ESS)'s stock to “Market Perform” from “Outperform” with a price objective of $280, down from the prior target of $305. The firm adjusted its real estate investment trust ratings in light of its 2026 outlook. As per the analyst, Essex Property Trust, Inc. (NYSE:ESS)'s funds from operations growth moderated because of Los Angeles weakness as well as preferred redemptions, and these are expected to remain headwinds in 2026. E Show less Read more
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