UDR exceeded its second-quarter expectations with an improved guidance due to solid cost management.
Analysts' outlooks on UDR are mixed. Ratings such as 'Hold' from Citi and Evercore ISI's 'Buy' supported their stance. However,
price targets from Morgon Stanley and Barclays have been lowered to $44.50 and $48 respectively. The troubled estimation reflects mixed analyst opinions, technical weakness, and diverse market viewpoints.
UDR projects a lower earnings outlook for 2025 and announced
changes in its board. Dave Bragg has been appointed as the new CFO while uncertainties about a narrative shift linger. Other notable milestones mentioned are the collaboration with Funnel to revolutionize operations across 60,000 units, a rise in Q1 retention, and strong Q2 earnings. However, UDR also faced penalties for not protecting tenants from hate and harassment. Regardless, strong financial performance and strategic positioning have facilitated a 'Buy' rating from many analysts.
Udr UDR News Analytics from Thu, 02 Jan 2025 08:00:00 GMT to Sat, 16 Aug 2025 22:16:28 GMT -
Rating 1
- Innovation -2
- Information 0
- Rumor -3
