Stocks
UDR Stock Price Target Increased by JPMorgan Chase & Co.
JPMorgan Chase & Co. analysts have raised their target price for United Dominion Realty Trust (NYSE: UDR) stock from $39.00 to $41.00, representing a potential upside of 6.63% from its previous close.
This is not the only upward revision; Wells Fargo & Company recently increased their target on UDR shares from $43.00 to $44.00 and gave the stock an 'overweight' rating.
Despite this positive news, JPMorgan Chase & Co.'s firm currently has an 'underweight' rating on UDR's stock, indicating some caution in its assessment.