Essex Property Trust guidance falls short of some forecasts as analysts adjust stances
Truist Securities reiterated a $273.00 price target on Essex Property Trust (NYSE:ESS) following the REIT's fourth-quarter results, while other brokerages adjusted their views. Essex posted fourth-quarter 2025 normalized funds from operations (NFFO) of $3.98 per share and provided 2026 NFFO guidance with a midpoint below several analyst projections…