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Fly News Breaks for January 19, 2016
UDR
Jan 19, 2016 | 08:37 EDT
As noted earlier, JMP Securities downgraded UDR to Market Perform from Outperform. The firm downgraded the stock based on valuation, and its belief that rental rates in San Francisco, New York, Boston, and Washington, D.C. appear to be under pressure.
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