Scotiabank Upgrades UDR to Sector Outperform, Raises Price Target to $45
Portfolio Pulse from richadhand@benzinga.com
Scotiabank analyst Nicholas Yulico has upgraded UDR (NYSE:UDR) from Sector Perform to Sector Outperform and raised the price target from $44 to $45.
August 30, 2023 | 11:55 am
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UDR's rating has been upgraded to Sector Outperform by Scotiabank, with a raised price target of $45.
The upgrade from Scotiabank is a positive signal for UDR. The raised price target indicates that the analyst sees potential for the stock's price to increase, which could attract investors and drive up the stock price in the short term.
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