**Urban Edge Properties Rated Neutral in New Coverage at UBS**
*Published: October 26, 2025, 9:50 AM ET*
UBS has assigned a **Neutral** rating to Urban Edge Properties, citing solid growth prospects tempered by tenant risk within its shopping-center portfolio.
In a note to clients dated October 23, analyst Michael Goldsmith highlighted several key points:
– **Strong NOI and FFO growth** are being driven by a robust pipeline of new leases as well as a large “signed-but-not-open” pipeline, which provides near-term earnings visibility.
– However, **high exposure to at-risk retailers** such as Kohl’s, combined with an above-average presence of watchlist tenants, raises concerns about tenant stability.
– These factors could limit upside potential despite the possibility of rent gains from re-leasing large anchor spaces.
UBS has assigned a price target of **$21**, implying a balanced risk-reward with just **3.3% upside**. The potential for disciplined growth is offset by limited positive catalysts due to uncertainties with major tenants.
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**Summary:**
Urban Edge Properties presents solid fundamentals supported by lease growth and pipeline strength. Nevertheless, tenant quality concerns and associated risks moderate the outlook, resulting in a Neutral rating aimed at cautious investors.
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*For more updates and trending news on Urban Edge Properties (UE), stay tuned.*
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