Baird analyst David Rodgers raised the firm’s price target on Highwoods Properties (HIW) to $32 from $30 and keeps a Neutral rating on the shares. The firm said robust leasing activity is driving a shallower trough in occupancy and further development leasing provides future upside.
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Read More on HIW:
- Highwoods Properties raises FY24 FFO outlook to $3.59-$3.63 from $3.54-$3.62
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- HIW Upcoming Earnings Report: What to Expect?
- Highwoods Properties reports ‘no notable damage’ from Hurricane Milton
- Deutsche downgrades Highwoods Properties after 41% year-to-date rally
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