What 5 Analyst Ratings Have To Say About Highwoods Props
Portfolio Pulse from Benzinga Insights
Highwoods Props (NYSE:HIW) has received five analyst ratings in the last quarter, with one somewhat bullish and four indifferent. The average price target is $23.0, which is lower than the current price of $25.95, implying a downside. This average has decreased by 8.91% from the previous average price target of $25.25.
July 19, 2023 | 4:00 pm
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Highwoods Props has received mixed analyst ratings, with a lower average price target than the current price, suggesting a potential downside.
Analyst ratings are a significant factor in stock performance. The fact that the average price target is lower than the current price suggests that analysts believe the stock is overvalued, which could lead to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100