Wedbush Reiterates Neutral on UMH Properties, Maintains $17 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Richard Anderson has reiterated a Neutral rating on UMH Properties (NYSE:UMH), maintaining a $17 price target on the stock.

May 13, 2024 | 12:21 pm
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NEUTRAL IMPACT
Wedbush analyst Richard Anderson reiterated a Neutral rating on UMH Properties, with a maintained price target of $17.
The reiteration of a Neutral rating and maintenance of the price target suggests no significant short-term changes in the analyst's outlook for UMH Properties. This stability in analyst sentiment is likely to result in a neutral short-term impact on the stock, as it does not alter the investment thesis or expectations significantly.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100