UPDATE: J.P. Morgan Upgrades Equity Residential to Neutral Following Period of Restriction
March 27, 2013 at 12:14 PM EDT
In a report published Wednesday, J.P. Morgan analyst Anthony Paolone upgraded the rating on Equity Residential (NYSE: EQR ) from Not Rated to Neutral with a $63.00 price target. In the report, Paolone noted, “Following a period of restriction, we are moving from a Not Rated status to a Neutral