JMP Securities raised the firm’s price target on Whitestone REIT to $15 from $13 and keeps an Outperform rating on the shares. Whitestone REIT can now focus its attention on executing its strategic plan, with an emphasis on reducing leverage and growing bottom-line earnings, following more positive developments on the lawsuit front, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on WSR:
- Delaware Court of Chancery Rules in Favor of Whitestone
- Whitestone REIT Announces Tax Characteristics of 2023 Distributions
- Whitestone REIT upgraded to Buy from Hold at Truist
- Whitestone REIT board unanimously rejects proposal by Bruce Schanzer
- Whitestone REIT Board of Trustees Responds to Proposal from Bruce Schanzer / Erez Asset Management, LLC (“Erez”)