Alliance Global Partners lowered the firm’s price target on Whitestone REIT (WSR) to $16 from $17 and keeps a Buy rating on the shares. The firm views Whitestone’s Q1 results as steady with 2025 guidance and long-term targets unchanged. While there was some decline in occupancy, the company has tenants to fill the space at higher rents, the analyst tells investors in a research note.
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Read More on WSR:
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- Whitestone REIT’s Board Flexibility Raises Concerns Over Shareholder Interests and Financial Stability
- Whitestone REIT price target raised to $16 from $15 at Truist
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