Cantor Fitzgerald Starts UDR, Inc. (UDR) at Sell; Growth, for a Price

January 31, 2012 4:44 PM EST
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
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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.


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