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Equity Residential raised to Neutral at Piper as REIT adjusts market mix

Apr. 29, 2021 9:16 AM ETEquity Residential (EQR) StockEQRBy: Liz Kiesche, SA News Editor4 Comments
  • Piper Sandler analyst Alexander Goldfarb upgrades Equity Residential (NYSE:EQR) to Neutral from Underweight as the apartment REIT repositions itself to lessen its reliance on bi-coastal markets.
  • Notes that Q1 results show that renters are returning, but San Francisco and NYC markets

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