Truist Securities Maintains Buy on UDR, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Lewis has maintained a Buy rating on UDR, Inc. (NYSE:UDR) but has lowered the price target from $45 to $42.

April 09, 2024 | 5:34 pm
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Truist Securities maintains a Buy rating on UDR, Inc. but lowers the price target from $45 to $42.
The maintenance of a Buy rating by Truist Securities indicates a positive outlook on UDR, Inc., suggesting confidence in the company's fundamentals. However, the reduction in the price target from $45 to $42 could reflect a reassessment of the company's near-term growth prospects or market conditions, potentially leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100