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Evercore ISI Maintains a Buy Rating on Urban Edge Properties (UE)

Evercore ISI analyst Samir Khanal maintained a Buy rating on Urban Edge Properties (UEResearch Report) yesterday and set a price target of $21.00. The company’s shares closed last Friday at $18.89.

According to TipRanks.com, Khanal is a 1-star analyst with an average return of -2.1% and a 40.7% success rate. Khanal covers the Financial sector, focusing on stocks such as Brixmor Property, Americold Realty, and Regency Centers.

Currently, the analyst consensus on Urban Edge Properties is a Moderate Buy with an average price target of $23.00.

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The company has a one-year high of $20.33 and a one-year low of $14.00. Currently, Urban Edge Properties has an average volume of 1.23M.

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Urban Edge Properties is a real estate investment trust, which engages in the acquisition, development, and management of commercial properties. Its portfolio includes shopping centers, malls, and warehouse parks. The company was founded on June 18, 2014 and is headquartered in New York, NY.

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