Essex Property Trust (ESS) experienced a series of ratings changes. From being lowered to $305.00 by Wells Fargo and Company, upgraded to Buy from Hold at Deutsche Bank, and facing a target cut by Barclays to $302.00, this dynamic series of events has kept ESS interestingly poised in the marketplace. Wildfires in LA seem to present opportunities as well, with a possible surge in demand for real estate expected due to recovery efforts. ESS also announced its Q4 2024 earnings release date, alongside its 2024 dividend tax treatment elaborating a $9.66 per share distribution. Meanwhile, various firms adjusted their stakes in ESS, with companies like SG Americas Securities LLC and Sarasin & Partners LLP selling their shares, and LVW Advisors LLC, Diversify Wealth Management LLC, and Avanza Fonder AB making fresh investments. A Deutsche Bank upgrade to Buy and an Outperform rating at BMO Capital Markets suggest positive sentiments for ESS. This string of events, coupled with optimistic forecasts for ESS earnings and upgraded ratings, seems to underpin a favorable outlook. Furthermore, ESS's strategic investments and sustainable practices suggest its potential for stable growth in the ever-competitive real estate market.
Essex Property Trust ESS News Analytics from Tue, 19 May 2015 14:39:23 GMT to Sat, 25 Jan 2025 15:42:16 GMT -
Rating 7
- Innovation 2
- Information 8
- Rumor 1
