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Fly News Breaks for March 2, 2018
ESS
Mar 2, 2018 | 07:18 EDT
As reported earlier, BMO Capital analyst John Kim upgraded Essex Property Trust to Outperform from Market Perform and raised his price target to $255 from $250. Kim says this is an attractive entry point, given the 12% discount in the stock price relative to net asset value, while the REIT also has the lowest new supply and the highest household income growth in its markets.
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