Deutsche Bank Maintains Buy on Highwoods Props, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Omotayo Okusanya maintains a Buy rating on Highwoods Properties (HIW) and raises the price target from $28 to $31.
May 06, 2024 | 5:00 pm
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POSITIVE IMPACT
Deutsche Bank maintains a Buy rating on Highwoods Properties and increases the price target to $31.
The upgrade in the price target by a reputable analyst like Omotayo Okusanya from Deutsche Bank suggests a strong confidence in the company's future performance. This is likely to be viewed positively by the market, potentially leading to an increase in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100