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REIT Comments |
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07/22/2010
UDR $20
UDR Inc UDR traded UP $0.92 per share to close UP +5% day
UDR outperformed Residential REITs, UP +24% year to date for 2010
UDR Residential REITs to benefit from positive employment trends through higher occupancy and lower tenant concessions
UDR previous guidance for FFO for 2010 indicated potential for (19%) decline on lower average rental rates for 2010
UDR a Residential REIT with a diverse portfolio of apartment communities
UDR we rank 3 HOLD
UDR market cap $3.4 billion
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