Piper Sandler Upgrades UDR to Neutral, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Goldfarb upgraded UDR, Inc. (NYSE:UDR) from Underweight to Neutral and increased the price target from $34 to $40.
April 10, 2024 | 10:08 am
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UDR, Inc. was upgraded by Piper Sandler from Underweight to Neutral with a price target increase from $34 to $40.
The upgrade from Underweight to Neutral by a reputable analyst at Piper Sandler, along with a significant increase in the price target, suggests a positive outlook on UDR's stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100