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Fly News Breaks for November 7, 2019
CPT, MAA, AIV, UDR
Nov 7, 2019 | 05:03 EDT
Mizuho analyst Haendel St. Juste downgraded UDR, Inc. (UDR) to Neutral from Buy with a $50 price target. The stock trades at its "highest multiple ever with little room for further multiple expansion," and the company faces supply headwinds in many of its core markets, St. Juste tells investors in a research note. As such, the analyst is "taking a chip off the table." He sees better relative risk- and growth-adjusted value in Aimco (AIV), MAA (MAA) and Camden Property Trust (CPT).
News For UDR;AIV;MAA;CPT From the Last 2 Days
UDR
Apr 25, 2024 | 05:30 EDT
