JP Morgan Maintains Overweight on UDR, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Anthony Paolone maintains an Overweight rating on UDR and raises the price target from $43 to $50.
September 16, 2024 | 3:30 pm
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POSITIVE IMPACT
JP Morgan has increased its price target for UDR from $43 to $50, maintaining an Overweight rating. This suggests a positive outlook for UDR's stock price.
The increase in price target from $43 to $50 by JP Morgan, along with maintaining an Overweight rating, indicates a strong positive sentiment towards UDR's future performance. This is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100