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Equity Residential (NYSE:EQR) Price Target Raised to $66.00 at Mizuho
Mizuho has increased its price target for Equity Residential (NYSE:EQR) to $66.00 from $65.00, maintaining a “neutral” rating despite the company narrowly missing Q4 earnings and revenue estimates. The real estate investment trust’s stock currently has an average “Hold” rating and a consensus price target of $69.63 from other analysts. Insider selling has been observed, with executives reducing their holdings in February.