Essex Property Trust ( NYSE:ESS – Free Report ) had its price objective hoisted by JPMorgan Chase & Co. from $252.00 to $268.00 in a report released on Monday morning, Benzinga reports. The brokerage currently has a neutral rating on the real estate investment trust's stock. Several other brokerages also recently weighed in on ESS. Morgan Stanley increased their target price on shares of Essex Property Trust from $228.50 to $244.00 and gave the stock an equal weight rating in a research note on Wednesday, July 19th.

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