Citigroup Maintains Neutral on Highwoods Props, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Emmanuel Korchman maintains a Neutral rating on Highwoods Props (NYSE:HIW) and raises the price target from $22 to $25.
August 04, 2023 | 9:09 am
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NEUTRAL IMPACT
Citigroup maintains a Neutral rating on Highwoods Props and raises the price target from $22 to $25. This could potentially attract investors.
The news is directly about Highwoods Props (HIW). The raised price target indicates a positive outlook from Citigroup, which could attract investors. However, the Neutral rating suggests that the stock is expected to perform in line with the market or sector in the next 12 months, indicating no significant short-term price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100