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Equity Residential raised to Market Perform at BMO as leasing holds up

Jun. 05, 2023 9:20 AM ETEquity Residential (EQR)By: Liz Kiesche, SA News Editor

BMO Capital Markets upgraded apartment REIT Equity Residential (NYSE:EQR) to Market Perform from Underperform on Monday as its peak leasing is holding up.

The prior Underperform rating was based on EQR's premium valuation relative to the sector, combined with the expectation

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