UDR price target raised to $39 from $37.50 at Goldman Sachs

Goldman Sachs raised the firm’s price target on UDR (UDR) to $39 from $37.50 and keeps a Sell rating on the shares. The shifts to the firm’s estimates primarily relate to the company’s newly established 2026 guidance and management commentary, which highlights strong improvement in blends for January 2026 and the firm’s assumption of lower DPE rolloff in 2027/2028, the analyst tells investors in a research note.