Mizuho raised the firm’s price target on Essex Property Trust (ESS) to $314 from $300 and keeps an Outperform rating on the shares. The firm updated 2025 earnings estimates and initiated 2026 estimates following the Q4 reports the apartment real estate investment trusts. Sector valuations appear fair on multiples, the analyst tells investors in a research note.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ESS:
- Essex Property Trust raises annual dividend 4.9%
- Essex Property Trust price target raised to $304 from $302 at Barclays
- Positive Growth Outlook for Essex Property Trust Amid Market Recovery and Strategic Acquisitions
- Essex Property Trust Reports Strong 2024 Earnings
- Essex Property Trust: Strong 2024 Earnings Call Insights