Truist Raises its Price Target on Equity Residential (EQR)

Equity Residential (NYSE:EQR) is one of the 10 Interest Rate Sensitive Stocks to Buy Now.

On June 16, 2026, Truist analyst Michael Lewis raised the firm’s price target on Equity Residential (NYSE:EQR) to $72 from $70 and kept a Buy rating. Lewis adjusted Truist’s model with expectations for 2.2% year-over-year same-store revenue growth in 2026 and 4.0% expense growth, resulting in 1.3% same-store net operating income growth. Truist said this is consistent with management’s 0.5% to 2.5% guidance range.

On June 10, Mizuho analyst Haendel St. Juste raised the firm’s price target on Equity Residential to $70 from $66 and kept a Neutral rating. St. Juste said Mizuho adjusted targets in the apartment real estate investment trust group, citing an improved macro backdrop and “supportive” private market data. Mizuho said Sunbelt names should be near-term relative winners.

On June 9, RBC Capital downgraded Equity Residential to Sector Perform from Outperform with a price target of $70, up from $69. RBC Capital expects lower visibility into the close of the AvalonBay (AVB) merger, sees the “accretion-to-effort ratio as relatively low,” and recommends a “wait-and-see approach.” The firm said investors are cautious about execution with apartment mergers.

Equity Residential (NYSE:EQR) owns and manages rental properties consisting of apartment units in metro areas across the U.S.

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