Equity Lifestyle Properties (NYSE:ELS) Now Covered by Zelman & Associates

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Zelman & Associates initiated coverage on Equity Lifestyle Properties (NYSE:ELS) with an “underperform” rating and a price target of $59.25, suggesting a potential 13.08% downside. The real estate investment trust currently holds a “Hold” consensus rating from analysts, with a target price of $69.63. Institutional investors own a significant 97.21% of the company’s stock, with some recent increases in their holdings.

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