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Fly News Breaks for September 1, 2017
Sep 1, 2017 | 07:45 EDT
Stifel analyst John Guinee resumed coverage of Essex with a $294 price target and a Buy rating,The analyst expects the REIt to benefit from high West Coast replacement costs and "meaningful California development restrictions." He is also upbeat on the REIT's $437,000 per unit TEV.
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