Wall Street Analysts Are Bullish on Top Real Estate Picks
There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on UDR (UDR – Research Report) and Vornado Realty (VNO – Research Report) with bullish sentiments.
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UDR (UDR)
Truist Financial analyst Michael Lewis maintained a Buy rating on UDR today. The company’s shares closed last Monday at $37.75.
According to TipRanks.com, Lewis is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for UDR with a $39.84 average price target, representing a 5.9% upside. In a report issued on January 27, Wells Fargo also maintained a Buy rating on the stock with a $39.00 price target.
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Vornado Realty (VNO)
In a report released today, Steve Sakwa from Evercore ISI maintained a Buy rating on Vornado Realty, with a price target of $42.00. The company’s shares closed last Monday at $30.99.
According to TipRanks.com, Sakwa is a 2-star analyst with an average return of
Currently, the analyst consensus on Vornado Realty is a Hold with an average price target of $37.44, implying a 20.9% upside from current levels. In a report issued on January 30, BMO Capital also maintained a Buy rating on the stock with a $42.00 price target.
