BTIG downgrades Equity Residential, Elme Communities as stocks trading at fair value

Jan. 11, 2023 11:42 AM ETEquity Residential (EQR), ELMEBy: Jessica Kuruthukulangara, SA News Editor1 Comment

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Colleen Michaels

BTIG on Wednesday downgraded Equity Residential (NYSE:EQR) and Elme Communities (NYSE:ELME) to Neutral from Buy as the stocks are currently trading at fair value.

Equity Residential (EQR) was downgraded on concerns about the recovery class A product in coastal markets. "We

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