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Fly News Breaks for March 13, 2018
HIW
Mar 13, 2018 | 06:06 EDT
Stifel analyst John Guinee downgraded Highwoods Properties to Hold and lowered his price target for the shares to $46 from $50. The analyst estimates that Highwoods currently trades at reasonable real estate valuation metrics amid "weak" lease economics and "light" development deliveries.
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