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UDR stock price target raised to $39 by RBC on improved rental spreads
RBC Capital has increased its price target for UDR, Inc. (NYSE:UDR) to $39.00 from $38.00, maintaining a Sector Perform rating. This upgrade follows UDR’s “unique earnings report” with improved rental spreads in Q1 2026 after underperforming in late 2025. The company is actively disposing of assets and repurchasing shares, a strategy that has led to higher estimates and targets, contrasting with many peers facing negative revisions.