Cantor Fitzgerald has reaffirmed an “Overweight” rating for Essex Property Trust (NYSE:ESS), setting a $290 price target, which suggests a 12.5% upside. This comes despite the company slightly missing Q4 EPS estimates while exceeding revenue expectations. The consensus among analysts remains a “Hold,” with an average target price of $283.87.
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Essex Property Trust (NYSE:ESS) Given "Overweight" Rating at Cantor Fitzgerald
Cantor Fitzgerald has reaffirmed an “Overweight” rating for Essex Property Trust (NYSE:ESS), setting a $290 price target, which suggests a 12.5% upside. This comes despite the company slightly missing Q4 EPS estimates while exceeding revenue expectations. The consensus among analysts remains a “Hold,” with an average target price of $283.87.