13 Best Depressed Stocks to Buy Right Now

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10. Equity Residential (NYSE:EQR)

Market Price: $60.26

52-week Low: $58.38

Number of Hedge Fund Holders: 36

Equity Residential (NYSE:EQR) is one of the Best Depressed Stocks to Buy Right Now. On January 13, Barclays analyst Richard Hightower lifted the firm’s price objective on the company’s stock to $78 from $77, while keeping an “Overweight” rating, as reported by The Fly. Notably, the firm adjusted its ratings and targets in the broader real estate investment trust group as part of the 2026 outlook. It expects the highest upside in apartments, storage, and single-family rentals in 2026.

On the other hand, the firm is least positive on the cold storage and retail. Barclays is Neutral on overall REITs for 2026.

On January 9, BMO Capital downgraded Equity Residential (NYSE:EQR)’s stock to “Market Perform” from “Outperform” with a price objective of $68, down from the prior target of $70. The firm adjusted real estate investment trust ratings as part of the 2026 outlook. It anticipates Equity Residential (NYSE:EQR)’s fundamentals to soften throughout its key coastal markets as a result of a lackluster job market as well as stretched affordability.

Equity Residential (NYSE:EQR) owns and manages rental properties in the dynamic metro areas throughout the US.

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