Deutsche Bank Initiates Coverage On Highwoods Props with Buy Rating, Announces Price Target of $28
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Omotayo Okusanya has initiated coverage on Highwoods Properties (NYSE:HIW) with a Buy rating and set a price target of $28.
January 30, 2024 | 11:28 am
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Deutsche Bank has initiated coverage on Highwoods Properties with a Buy rating and a price target of $28, indicating a positive outlook for the stock.
The initiation of coverage by a major bank with a Buy rating typically suggests a positive outlook on the stock, which can lead to increased investor interest and potentially drive the stock price up in the short term. The price target of $28 also suggests that Deutsche Bank sees significant upside potential from the current trading price.
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