Compass Point analyst Floris van Dijkum raised the firm’s price target on Urban Edge to $25 from $23.50 and keeps a Buy rating on the shares. The firm is adjusting price targets for select shopping center REITs to reflect improving earnings expectations, the imminent prospect of rate cuts, as well as relative REIT valuation movements.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UE: