Compass Point Maintains Buy on UMH Properties, Raises Price Target to $21.5
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Merrill Ross maintains a Buy rating on UMH Properties (NYSE:UMH) and raises the price target from $20 to $21.5.
March 21, 2024 | 6:23 pm
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Compass Point maintains a Buy rating on UMH Properties and raises the price target from $20 to $21.5.
The upgrade in price target by Compass Point reflects a positive outlook on UMH Properties, suggesting an expectation of stock price appreciation. This is likely to influence investor sentiment positively in the short term, potentially leading to an increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100