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Piper Sandler Sticks to Their Hold Rating for UDR (UDR)
In a report released today, Alexander Goldfarb from Piper Sandler maintained a Hold rating on UDR, with a price target of $39.00.
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According to TipRanks, Goldfarb is a 3-star analyst with an average return of 2.4% and a 50.70% success rate. Goldfarb covers the Real Estate sector, focusing on stocks such as Eastgroup Properties, Mid-America Apartment, and SL Green Realty.
UDR has an analyst consensus of Hold, with a price target consensus of $40.04.
Based on UDR’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $431.86 million and a net profit of $40.41 million. In comparison, last year the company earned a revenue of $420.16 million and had a net profit of $22.6 million
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