- Alongside its upgrade of Equity Residential to Buy, Evercore ISI is taking its chips off the table on UDR, downgrading to Hold from Buy after a big run higher for the stock. Nevertheless, it's a bull market for apartment REIT names, and UDR is higher by 1% in early action.
- Previously: Equity Residential higher as Evercore ISI bets on continued move (March 5)