JP Morgan maintains an
Overweight recommendation for
UDR, a commercial real estate investment trust.
UDR stock underperformed against competitors on several days, but managed daily gains and also outperformed on strong trading days.
Morgan Stanley and
Scotiabank have increased UDR's price target to $40 and $42 respectively. Financial institutions like
Mitsubishi UFJ Asset Management,
Victory Capital Management, and
National Bank of Canada FI have increased their positions in UDR, while others like
Dimensional Fund Advisors and
Natixis Advisors have decreased their stakes.
UDR's Q3 exceeded FFO and revenue estimates. Despite losses, some shareholders show a 20% loss compared to the previous year. UDR also reported a significant decrease in
short interest. Amid pivotal developments, UDR has launched a new set of
Hong Kong domain names and is planning a 25-story apartment tower in Dallas' Turtle Creek. Bearish signs include claims of the company's failure to address racial abuse and criticisms regarding the CEO's compensation.
Udr UDR News Analytics from Fri, 03 Jan 2020 08:00:00 GMT to Sat, 18 May 2024 20:20:00 GMT -
Rating 5
- Innovation 2
- Information 1
- Rumor 1
