Wells Fargo Maintains Overweight on UDR, Lowers Price Target to $42.5
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst James Feldman has maintained an Overweight rating on UDR (NYSE:UDR) but lowered the price target from $44.5 to $42.5.
September 12, 2023 | 12:51 pm
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UDR's price target has been lowered by Wells Fargo from $44.5 to $42.5, although the Overweight rating is maintained.
The lowering of the price target by Wells Fargo indicates a potential decrease in UDR's stock price in the short term. However, the maintained Overweight rating suggests that the stock is still expected to outperform.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100