As previously reported yesterday, Maxim analyst Michael Diana downgraded Whitestone REIT (WSR) to Hold from Buy. The combination of a $15.20 cash takeover offer proposed in November and a proxy fight likely limits the REIT’s upside, the analyst tells investors in a research note.
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Read More on WSR:
- Whitestone REIT price target raised to $17 from $16 at Cantor Fitzgerald
- Whitestone REIT downgraded to Hold from Buy at Maxim
- Whitestone REIT price target raised to $17 from $16 at Alliance Global
- WSR Upcoming Earnings Report: What to Expect?
- Whitestone REIT initiated with an Overweight at Cantor Fitzgerald