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Fly News Breaks for March 8, 2017
UDR
Mar 8, 2017 | 06:51 EDT
BofA/Merrill analyst Juan Sanabria upgraded UDR, Inc to Neutral and raised its price target to $37 from $35 citing signs of stabilization. The analyst said UDR has increased overall SS occupancy and San Francisco and New York have stabilized somewhat since Q4 with improvements in new lease growth an no renewal slippage.
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