Scotiabank cuts target for UDR stock to USD 38.00

AD HOC NEWS
Scotiabank cuts target for UDR stock to USD 38.00
Scotiabank has lowered its price target for UDR stock from USD 41.00 to USD 38.00, while maintaining a sector perform rating. This adjustment comes after UDR reported strong Q2 2026 earnings, exceeding revenue and EPS expectations. Despite the revised target, the consensus among 18 brokerages remains a "Hold" with an average 12-month target of USD 40.97.
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