Equity Lifestyle price target raised to $71 from $70 at Truist

Truist raised the firm’s price target on Equity Lifestyle (ELS) to $71 from $70 and keeps a Hold rating on the shares as part of a broader research note on REITs. The firm is updating its models based on Q3 results within the sector and its adjusted revenue growth and expense assumptions, the analyst tells investors in a research note.