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Truist Financial Remains a Hold on Essex Property (ESS)

Tipranks - Tipranks - Wed Dec 17, 2025

In a report released today, Michael Lewis from Truist Financial maintained a Hold rating on Essex Property, with a price target of $273.00.

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Lewis covers the Real Estate sector, focusing on stocks such as SL Green Realty, Vornado Realty, and Kimco Realty. According to TipRanks, Lewis has an average return of 8.8% and a 59.91% success rate on recommended stocks.

In addition to Truist Financial, Essex Property also received a Hold from Jefferies’s Linda Tsai in a report issued yesterday. However, on December 7, TR | OpenAI – 4o reiterated a Buy rating on Essex Property (NYSE: ESS).

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Based on Essex Property’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $473.3 million and a net profit of $164.62 million. In comparison, last year the company earned a revenue of $450.7 million and had a net profit of $118.42 million

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