Wells Fargo analyst Blaine Heck raised the firm’s price target on Highwoods Properties to $32 from $22 and keeps an Equal Weight rating on the shares. The firm continues to favor high-quality operators with strong balance sheets and significant exposure to the East Coast and Sunbelt markets as well as those with niche strategies and solid tenant activity.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HIW: