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deutsche bank upgrades equity lifestyle and essex property stocks
Equity LifeStyle Properties, Inc. (ELS) and Essex Property have received upgrades from Deutsche Bank. This positive assessment reflects a favorable outlook for both companies in the real estate sector.
equity lifestyle properties receives multiple upgrades from leading financial analysts
Equity LifeStyle Properties (NYSE: ELS) received multiple upgrades from analysts, with Deutsche Bank raising its rating from hold to buy and increasing the price target from $66 to $73. The company reported a quarterly EPS of $0.44, missing estimates, while revenue of $387.3 million exceeded expectations. Despite a recent dividend cut, institutional investors hold 97.21% of the stock, reflecting strong interest in the real estate investment trust.
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