Barclays lowered the firm’s price target on UDR (UDR) to $41 from $42 and keeps an Overweight rating on the shares. The firm adjusted models in the residential real estate investment trust group post the Q1 reports. It believes apartment and single family rental earnings growth will bottom in 2026, “and that the stocks themselves already have.”
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Read More on UDR:
- UDR price target lowered to $40.50 from $42 at Citi
- UDR Expands Share Repurchase Authorization Signaling Capital Confidence
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- UDR price target lowered to $39 from $42 at Cantor Fitzgerald
- UDR price target lowered to $42 from $43 at Evercore ISI