macro

Piper Sandler Keeps Overweight Ratings on Three Companies

Piper Sandler maintained Overweight ratings on Brixmor Property Group, Essex Property and Newmark Group while cutting price targets for two stocks.

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what happened

According to Benzinga, Piper Sandler maintained its Overweight rating on Brixmor Property Group. At the same time, the firm lowered its price target to $36.00 per share from $40.00.

Piper Sandler also kept Essex Property at Overweight. The rating on Newmark Group was likewise maintained, while its price target was cut to $14.00 per share from $19.00.

The updates were published on October 12, 2026: Brixmor Property Group at 14:40 GMT, Essex Property at 15:02 GMT and Newmark Group at 15:59 GMT.

why it matters

Keeping the Overweight ratings signals that the analyst’s relative assessment of all three companies was unchanged. The lower targets for Brixmor Property Group and Newmark Group show revised reference levels for those stocks, while the report gives no target-price change for Essex Property.

instruments

Brixmor Property Group (BRX)Essex Property (ESS)Newmark Group (NMRK)

sources

  1. Brixmor Property Group Is Maintained at Overweight by Piper Sandler — Newsmetry API, 12 October 2026 at 14:40 UTC
  2. Essex Property Is Maintained at Overweight by Piper Sandler — Newsmetry API, 12 October 2026 at 15:02 UTC
  3. Newmark Group Is Maintained at Overweight by Piper Sandler — Newsmetry API, 12 October 2026 at 15:59 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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