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Fly News Breaks for August 3, 2018
ESS
Aug 3, 2018 | 07:31 EDT
As previously reported, Stifel analyst John Guinee upgraded Essex Property Trust to Buy from Hold as he believes its real estate valuation metrics are attractive, supply in its key markets is likely to slow, and his "gut" tells him that Costa Hawkins concerns are overblown. Guinee raised his price target on Essex Property Trust shares to $260 from $235.