Morgan Stanley Maintains Overweight on UDR, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Adam Kramer has maintained an Overweight rating on UDR (NYSE:UDR) and raised the price target from $45 to $46.
July 19, 2023 | 4:08 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Morgan Stanley has maintained an Overweight rating on UDR and raised the price target from $45 to $46, indicating a positive outlook for the stock.
The Overweight rating maintained by Morgan Stanley indicates that they believe UDR's stock will outperform the average market return. The increase in price target from $45 to $46 suggests that they expect the stock's price to rise. This is likely to have a positive impact on UDR's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100