Truist Financial Has Lowered Expectations for United Dominion Realty Trust (NYSE:UDR) Stock Price

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Truist Financial has reduced its target price for United Dominion Realty Trust (NYSE:UDR) from $42.00 to $41.00, while maintaining a “buy” rating, indicating a potential upside of 9.51%. Other analysts have also adjusted their price targets, resulting in a consensus “Hold” rating and an average price target of $40.96 for UDR. The stock recently traded down 0.8% to $37.44 and institutional investors hold a significant portion of the company’s shares.

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