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UDR

UDR, Inc.

$37.56

-0.78 (-2.03%)

16:22
01/04/18
01/04
16:22
01/04/18
16:22

UDR, Inc. names Thomas Toomey chairman of the board, to succeed James Klingbeil

UDR, Inc. announced today that Thomas Toomey, CEO and president, has been appointed chairman of the board effective January 1. Toomey was appointed CEO of the company in 2001 and was elected to the board at that time. Toomey succeeds James Klingbeil who has served as chairman since 2010. The company's board also established a Lead Independent Director position and appointed Klingbeil as Lead Independent Director.

UDR UDR, Inc.
$37.56

-0.78 (-2.03%)

10/05/17
BARD
10/05/17
UPGRADE
Target $41
BARD
Outperform
UDR, Inc. upgraded to Outperform at Baird
As reported previously, Baird analyst Drew Tobin upgraded UDR, Inc. to Outperform from Neutral as he believes the current pricing is now more reasonable relative to NAV and 2018 AFFO growth prospects. He believes aggressive asset management across a diversified portfolio is a strong recipe for internal growth outperformance in 2018 and beyond. Tobin maintained his $41 price target on UDR, Inc. shares.
11/29/17
RHCO
11/29/17
DOWNGRADE
RHCO
Hold
UDR, Inc. downgraded to Hold from Buy at SunTrust
11/29/17
RHCO
11/29/17
DOWNGRADE
Target $41
RHCO
Hold
UDR, Inc. downgraded to Hold at SunTrust on slower growth and flatter occupancy
As reported earlier, SunTrust analyst Michael Lewis downgraded UDR to Hold from Buy, keeping his price target at $41. Lewis says the company now trades at above-average forward FFO valuation despite the below-average projected 3-year and 5-year growth rates among the covered apartment complex REITs. The analyst contends that new supply will flatten out occupancy and rental rates in 2018 while development yields get compressed by rising costs.
12/11/17
12/11/17
UPGRADE

In Line
UDR, Inc upgraded to In Line from Underperform at Evercore ISI
Evercore ISI analyst Steve Sakwa upgraded UDR, Inc to In Line and maintained a $41 price target.

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CBRL

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