UPDATE: Wunderlich Initiates Coverage on Urstadt Biddle Properties, Says Shopping Center Sharpshooter is Fairly Valued

In a report published Friday, Wunderlich Securities analyst Craig Kucera initiated coverage on Urstadt Biddle Properties (NYSE: UBA ) with a Hold rating and $21.00 price target. In the report, Wunderlich Securities noted, “We are initiating coverage of Urstadt Biddle Properties Inc. (UBA) with a Hold rating and a $21