Wells Fargo Sticks to Their Sell Rating for Empire State Realty (ESRT)
In a report released today, from Wells Fargo maintained a Sell rating on Empire State Realty, with a price target of $6.80.
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Currently, the analyst consensus on Empire State Realty is a Hold with an average price target of $7.60.
Based on Empire State Realty’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $197.73 million and a net profit of $16.94 million. In comparison, last year the company earned a revenue of $199.6 million and had a net profit of $14.59 million
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