Earnings
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.