Barclays Maintains Overweight on UDR, Lowers Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Anthony Powell maintains an Overweight rating on UDR (NYSE:UDR) but lowers the price target from $50 to $47.
May 31, 2023 | 9:43 am
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Barclays analyst Anthony Powell maintains an Overweight rating on UDR (NYSE:UDR) but lowers the price target from $50 to $47.
The news of Barclays maintaining an Overweight rating on UDR indicates a positive outlook for the stock. However, the lowering of the price target from $50 to $47 may create some uncertainty among investors. The overall impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100