Initiated Neutral X

UDR UDR

Cantor Fitzgerald

$40

Downgrades Outperform Neutral X

UDR UDR

BNP Paribas Exane

Upgrades In-line Outperform X

UDR UDR

Evercore ISI

$46

Downgrades Buy Hold X

UDR UDR

Truist

$45 $46

Downgrades Buy Hold X

UDR UDR

Jefferies

$50 $45

Initiated Overweight X

UDR UDR

Barclays

$50

Initiated Outperform X

UDR UDR

Exane BNP Paribas

$49

Initiated Sell X

UDR UDR

Goldman

$42

Upgrades Mkt Perform Outperform X

UDR UDR

BMO Capital Markets

$39 $45

Downgrades Sec Outperform Sec Perform X

UDR UDR

Scotiabank

$39

Upgrades Neutral Buy X

UDR UDR

UBS

$38 $44

Upgrades Underweight Neutral X

UDR UDR

Piper Sandler

$34 $40

Upgrades Eq Weight Overweight X

UDR UDR

Wells Fargo

$34 $39

Downgrades Overweight Eq-Weight X

UDR UDR

Morgan Stanley

$37

Resumed Neutral X

UDR UDR

Goldman

$39

Downgrades Overweight Eq Weight X

UDR UDR

Barclays

$46 $37

Initiated Hold X

UDR UDR

Deutsche Bank

$40

Downgrades Overweight Eq Weight X

UDR UDR

Wells Fargo

$42.50 $34

Downgrades Buy Neutral X

UDR UDR

BofA Securities

$42 $33

Downgrades Neutral Underweight X

UDR UDR

Piper Sandler

$46 $30

Initiated Outperform X

UDR UDR

Wedbush

$41

Upgrades Sec Perform Sec Outperform X

UDR UDR

Scotiabank

$44 $45

Upgrades Hold Buy X

UDR UDR

Truist

$49

Downgrades Outperform Peer Perform X

UDR UDR

Wolfe Research

$71

Initiated Overweight X

UDR UDR

Wells Fargo

$44.50

Initiated Neutral X

UDR UDR

UBS

$43

Upgrades Eq-Weight Overweight X

UDR UDR

Morgan Stanley

$49 $47

Resumed Buy X

UDR UDR

Jefferies

$55 $46

Downgrades Buy Neutral X

UDR UDR

Mizuho

$48 $46

Downgrades Outperform Mkt Perform X

UDR UDR

BMO Capital Markets

$54

Initiated Outperform X

UDR UDR

Credit Suisse

$50

Upgrades Peer Perform Outperform X

UDR UDR

Wolfe Research

Upgrades Eq Weight Overweight X

UDR UDR

CapitalOne

$58 $64

Downgrades Overweight Eq-Weight X

UDR UDR

Morgan Stanley

$59.50

Initiated Peer Perform X

UDR UDR

Wolfe Research

$56

Initiated Sector Perform X

UDR UDR

RBC Capital Mkts

$45

Upgrades Underweight Neutral X

UDR UDR

Piper Sandler

$35 $44

Downgrades Outperform In-line X

UDR UDR

Evercore ISI

Upgrades Mkt Perform Outperform X

UDR UDR

BMO Capital Markets

$39 $43

Downgrades Neutral Sell X

UDR UDR

Goldman

$43 $39

Upgrades Neutral Overweight X

UDR UDR

JP Morgan

Upgrades Hold Buy X

UDR UDR

Jefferies

Downgrades Outperform Neutral X

UDR UDR

Robert W. Baird

Initiated Equal Weight X

UDR UDR

CapitalOne

$43

Downgrades In-line Underperform X

UDR UDR

Evercore ISI

Upgrades Hold Buy X

UDR UDR

Stifel

$38 $40

Upgrades Neutral Buy X

UDR UDR

BofA/Merrill

Reiterated Overweight X

UDR UDR

Cantor Fitzgerald

$42 $40

UDR  UDR, Inc.

UDR, Inc. is a self-administered real estate investment trust. The Company owns, operates, acquires, renovates, develops, redevelops, disposes of and manages multifamily apartment communities generally located in various markets across the United States. The Company's segments are Same-Store Communities and Non-Mature Communities/Other. As of December 31, 2016, the Company's consolidated real estate portfolio included 127 communities located in 18 markets, with a total of 39,454 completed apartment homes. As of December 31, 2016, the Company also had an ownership interest in 27 communities containing 6,849 apartment homes through unconsolidated joint ventures or partnerships. As of December 31, 2016, the Company's properties were in various locations, such as Orange County, San Francisco and Los Angeles in California; Seattle, Washington; Richmond, Virginia; Baltimore, Maryland; Orlando and Tampa in Florida; Nashville, Tennessee, and Dallas and Austin in Texas.