Piper Sandler Maintains Underweight on UDR, Maintains $34 Price Target
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Goldfarb maintains an Underweight rating on UDR, Inc. (NYSE:UDR) with a price target of $34.
March 26, 2024 | 12:09 pm
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Piper Sandler maintains an Underweight rating on UDR, Inc. with a $34 price target.
The maintenance of an Underweight rating by a prominent analyst like Alexander Goldfarb suggests a bearish outlook on UDR, Inc.'s stock. The reaffirmation of the $34 price target indicates that the analyst does not foresee significant upside potential in the near term, which could influence investor sentiment negatively.
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IMPORTANCE 80
RELEVANCE 100