Mizuho Maintains Neutral on UDR, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vikram Malhorta maintains a Neutral rating on UDR, Inc. (NYSE:UDR) and lowers the price target from $38 to $35.

February 28, 2024 | 1:52 pm
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NEUTRAL IMPACT
Mizuho analyst Vikram Malhorta maintains a Neutral rating on UDR, Inc. and lowers the price target from $38 to $35.
The adjustment in price target by Mizuho reflects a recalibration of expectations for UDR, Inc. based on the analyst's assessment. A Neutral rating with a lowered price target suggests a tempered outlook on the stock's performance, potentially due to market conditions or company-specific factors. However, the maintenance of a Neutral stance indicates that the analyst does not foresee significant downside or upside in the near term, leading to a neutral impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100