Cantor Fitzgerald Starts UDR, Inc. (UDR) at Sell; Growth, for a Price
Get Alerts UDR Hot Sheet
Price: $37.89 +0.53%
Rating Summary:
14 Buy, 17 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
14 Buy, 17 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Join SI Premium – FREE
Cantor Fitzgerald initiates coverage on UDR, Inc. (NYSE: UDR) with a Sell. PT $26.00.
Cantor analyst said, "In recent years, UDR successfully strengthened its balance sheet via capital recycling and raising. UDR's balance sheet is strong, but the company's aggressive external growth strategy requires large-scale capital consumption. While capital markets remain friendly to UDR, there is a continued risk of dilution and volatility around new issue. Investors may also question the price inherent in the growth; to date, performance metrics are not outside of ranges posted by more measured peers."
For an analyst ratings summary and ratings history on UDR, Inc. click here. For more ratings news on UDR, Inc. click here.
Shares of UDR, Inc. closed at $25.81 yesterday.
Cantor analyst said, "In recent years, UDR successfully strengthened its balance sheet via capital recycling and raising. UDR's balance sheet is strong, but the company's aggressive external growth strategy requires large-scale capital consumption. While capital markets remain friendly to UDR, there is a continued risk of dilution and volatility around new issue. Investors may also question the price inherent in the growth; to date, performance metrics are not outside of ranges posted by more measured peers."
For an analyst ratings summary and ratings history on UDR, Inc. click here. For more ratings news on UDR, Inc. click here.
Shares of UDR, Inc. closed at $25.81 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Cantor Fitzgerald Starts Nuvation Bio Inc (NUVB) at Overweight
- William Blair Starts Beta Bionics, Inc. (BBNX) at Market Perform
- BNP Paribas Exane Starts NIQ Global Intelligence Plc (NIQ) at Outperform
Create E-mail Alert Related Categories
New CoverageRelated Entities
Cantor FitzgeraldSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share