Urban Edge Properties Reports Second Quarter 2016 Operating Results

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Credit Suisse Downgrades Urban Edge Properties (UE) to Neutral

August 4, 2016 7:44 AM EDT

Credit Suisse downgraded Urban Edge Properties (NYSE: UE) from Outperform to Neutral with a price target of $28.00.

Analyst Ian Weissman commented, "Key Takeaways from the Quarter: (1) Normalized FFO of $0.31 was in-line with our estimate (the company does not provide guidance); (2) UE delivered SSNOI of... More