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EQR Maintains Rating by Barclays -- Price Target Raised to $76
Barclays has maintained its ‘Overweight’ rating on Equity Residential (EQR) and raised its price target from $75.00 to $76.00. GuruFocus data indicates EQR is currently 10.8% undervalued with a GF Value™ of $70.15 and holds a GF Score™ of 74/100, suggesting strong long-term potential despite recent insider selling. The company is a real estate investment trust focusing on urban and high-density suburban rental apartment properties.