Information Provided By:
Fly News Breaks for April 25, 2018
HIW
Apr 25, 2018 | 06:48 EDT
DA Davidson analyst Barry Oxford lowered his price target on Highwoods Properties to $60, noting a slight decline in Q1 occupancy. Oxford keeps his Buy rating, forecasting continued revenue growth for the REIT's "development pipeline and strong mark-to-market opportunities" along with its attractive 12.8-times expected FY18 FFO valuation.