Wedbush Reiterates Outperform on UMH Properties, Maintains $19 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Henry Coffey has reiterated an Outperform rating on UMH Properties (NYSE:UMH) and maintained a $19 price target.
July 06, 2023 | 11:37 am
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POSITIVE IMPACT
Wedbush analyst has reiterated an Outperform rating on UMH Properties and maintained a $19 price target.
The reiteration of an Outperform rating by a reputable analyst like Henry Coffey from Wedbush is a positive signal for UMH Properties. The maintained price target of $19 also indicates confidence in the company's performance. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100