Wells Fargo cuts UDR target to USD 39 for UDR stock

Published on 10/20/2026 at 13:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UDR reported USD 425.40 million of second-quarter revenue. UDR stock costs EUR 30.28 on October 20, 2026 before November 2 results.

Analyst caution before results

Wells Fargo lowered its UDR target from USD 43.00 to USD 39.00 on October 19, 2026.
UDR reported USD 425.40 million in second-quarter revenue and USD 69.04 million in net income.
UDR stock trades at EUR 30.28 at 1:20 p.m. CEST at Lang & Schwarz on October 20, 2026.

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UDR Inc. (ISIN US9026531049) was trading at EUR 30.28 at Lang & Schwarz on October 20, 2026 at 1:20 p.m. CEST. Markets Insider reported on October 19, 2026 that Wells Fargo cut its UDR target from USD 43.00 to USD 39.00 while keeping an Overweight rating.

What does the target cut mean?

The revised target leaves Wells Fargo above the latest NYSE closing price of USD 33.84 on October 19, 2026, but the direction of the revision is cautious. UDR's second-quarter revenue was USD 425.40 million and net income was USD 69.04 million, according to Markets Insider, which cited the latest earnings release.

Three target changes set the tone

The analyst revisions have become a measurable sequence. On October 5, 2026, BMO Capital maintained a Buy rating and a USD 38.00 target; on October 12, 2026, Piper Sandler cut its target from USD 41.00 to USD 36.00, as Markets Insider reported. Wells Fargo's October 19 move to USD 39.00 is the latest of the three.

Dates investors can mark

MarketScreener reported that UDR will release third-quarter 2026 results on November 2, 2026, after the market closes. The company scheduled its earnings webcast and conference call for November 3, 2026, at 12:00 p.m. Eastern Time.

Price holds the German view

For investors in Germany, the Lang & Schwarz quote provides the euro perspective on the UDR share. The stock was trading at EUR 30.28 at Lang & Schwarz on October 20, 2026 at 1:20 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of UDR stock.