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Equity Residential (EQR) Receives a Buy from Stifel Nicolaus

Tipranks - Tipranks - Sat Feb 7, 6:42AM CST

In a report released today, Simon Yarmak from Stifel Nicolaus maintained a Buy rating on Equity Residential, with a price target of $78.50.

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Yarmak covers the Real Estate sector, focusing on stocks such as Camden Property, Diamondrock, and Federal Realty. According to TipRanks, Yarmak has an average return of 10.2% and a 59.11% success rate on recommended stocks.

In addition to Stifel Nicolaus, Equity Residential also received a Buy from Piper Sandler’s Alexander Goldfarb in a report issued today. However, yesterday, BTIG maintained a Hold rating on Equity Residential (NYSE: EQR).

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Based on Equity Residential’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $781.91 million and a GAAP net loss of $1.05 million. In comparison, last year the company earned a revenue of $766.78 million and had a net profit of $419.12 million

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