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UDR price target lowered to $42 from $44 at Evercore ISI

Evercore ISI lowered the firm’s price target on UDR (UDR) to $42 from $44 and keeps an Outperform rating on the shares. The firm is updating models for all apartment REITs in its coverage, focusing on trends from Q3 results and a more cautious demand outlook for FY26.

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