2020-09-21 08:44:22 UMH UMH Properties
09/21/20 09/2108:44 09/21/2008:44 | UMH Properties upgraded to Buy from Neutral at DA DavidsonDA Davidson analyst Barry Oxford upgraded UMH Properties to Buy from Neutral with a price target of $17, up from $14. The analyst is citing stabilizing oil prices, accelerating growth rates, and the company's position being less tied to the impact of the pandemic. Oxford adds that UMH Properties' recent leasing results have been strong during COVID-19, while its portfolio has consistently shown collection rates in the high 90% range. |
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