Baird analyst David Rodgers raised the firm’s price target on Highwoods Properties (HIW) to $32 from $30 and keeps a Neutral rating on the shares. The firm said robust leasing activity is driving a shallower trough in occupancy and further development leasing provides future upside.
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:
- Highwoods Properties raises FY24 FFO outlook to $3.59-$3.63 from $3.54-$3.62
- Highwoods Properties reports Q3 FFO 90c, consensus 88c
- HIW Upcoming Earnings Report: What to Expect?
- Highwoods Properties reports ‘no notable damage’ from Hurricane Milton
- Deutsche downgrades Highwoods Properties after 41% year-to-date rally