EF Hutton analyst Gaurav Mehta assumed coverage of Orion Office REIT with a Buy rating with a price target of $13, down from $15. The analyst believes the current valuation reflects headwinds that include lease expirations and the macro environment and cites what is seen as a "discounted valuation" and strong balance sheet among the reasons for a Buy rating on the shares.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue