FBR Capital Downgrades UDR, Inc. (UDR) to Underperform
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Price: $37.89 --0%
Rating Summary:
14 Buy, 15 Hold, 3 Sell
Rating Trend:
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Today's Overall Ratings:
Up: 10 | Down: 9 | New: 5
Rating Summary:
14 Buy, 15 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 10 | Down: 9 | New: 5
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FBR Capital downgraded UDR, Inc. (NYSE: UDR) from Market Perform to Underperform.
FBR analyst says, "We believe that the Underperform rating may not work if (1) the company executes a large, transformative transaction (which it has done
in the past), (2) if investors become accepting of the Manhattan market-building efforts, and/or (3) if core growth meaningfully accelerates to sustainable, above-average levels. At this time, we assign low probability to those scenarios."
For more ratings news on UDR, Inc. click here and for the rating history of UDR, Inc. click here.
Shares of UDR, Inc. closed at $25.03 yesterday.
FBR analyst says, "We believe that the Underperform rating may not work if (1) the company executes a large, transformative transaction (which it has done
in the past), (2) if investors become accepting of the Manhattan market-building efforts, and/or (3) if core growth meaningfully accelerates to sustainable, above-average levels. At this time, we assign low probability to those scenarios."
For more ratings news on UDR, Inc. click here and for the rating history of UDR, Inc. click here.
Shares of UDR, Inc. closed at $25.03 yesterday.
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