Morgan Stanley Maintains Equal-Weight on Highwoods Props, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Ronald Josey maintains an Equal-Weight rating on Highwoods Properties (NYSE:HIW) and lowers the price target from $23 to $22.
May 30, 2023 | 12:46 pm
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Morgan Stanley maintains an Equal-Weight rating on Highwoods Properties and lowers the price target from $23 to $22.
The news directly mentions Highwoods Properties (HIW) and the lowered price target by Morgan Stanley. This may cause some investors to reconsider their positions, but the Equal-Weight rating suggests that the stock is fairly valued, and the impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100