Wedbush Maintains Neutral on UMH Properties, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Richard Anderson maintains a Neutral rating on UMH Properties (NYSE:UMH) and raises the price target from $17 to $20.

August 08, 2024 | 1:34 pm
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Wedbush analyst Richard Anderson maintains a Neutral rating on UMH Properties and raises the price target from $17 to $20.
The raised price target from $17 to $20 suggests a positive outlook on UMH Properties' future performance, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see significant upside potential beyond the new target.
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