Truist Raises its Price Target on Equity Residential (EQR)
Key takeaways
- Truist Raises its Price Target on Equity Residential (EQR) Jeff Lewis Mon, June 29, 2026 at 11:15 PM GMT+7 2 min read EQR TFC Equity Residential (NYSE:EQR) is one of the 10 Interest Rate Sensitive Stocks to Buy Now.
- On June 16, 2026, Truist analyst Michael Lewis raised the firm's price target on Equity Residential (NYSE:EQR) to $72 from $70 and kept a Buy rating.
- Juste raised the firm's price target on Equity Residential to $70 from $66 and kept a Neutral rating.
Truist Raises its Price Target on Equity Residential (EQR) Jeff Lewis Mon, June 29, 2026 at 11:15 PM GMT+7 2 min read EQR TFC Equity Residential (NYSE:EQR) is one of the 10 Interest Rate Sensitive Stocks to Buy Now.
On June 16, 2026, Truist analyst Michael Lewis raised the firm's price target on Equity Residential (NYSE:EQR) to $72 from $70 and kept a Buy rating. Lewis adjusted Truist's model with expectations for 2.2% year-over-year same-store revenue growth in 2026 and 4.0% expense growth, resulting in 1.3% same-store net operating income growth. Truist said this is consistent with management's 0.5% to 2.5% guidance range.
On June 10, Mizuho analyst Haendel St. Juste raised the firm's price target on Equity Residential to $70 from $66 and kept a Neutral rating. St. Juste said Mizuho adjusted targets in the apartment real estate investment trust group, citing an improved macro backdrop and "supportive" private market data. Mizuho said Sunbelt names should be near-term relative winners.