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Whitestone REIT (WSR) was downgraded to a Hold Rating at B. Riley Securities

Tipranks - Tipranks - Tue Apr 14, 8:42AM CDT

Whitestone REIT received a Hold rating and a $19.00 price target from B. Riley Securities analyst John Massocca today.

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According to TipRanks, Massocca is a 5-star analyst with an average return of 23.4% and a 68.37% success rate. Massocca covers the Real Estate sector, focusing on stocks such as Gladstone Commercial, Whitestone REIT, and One Liberty Properties.

In a report released on April 10, Cantor Fitzgerald also downgraded the stock to a Hold with a $19.00 price target.

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Based on Whitestone REIT’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $43.92 million and a net profit of $22.84 million. In comparison, last year the company earned a revenue of $41.04 million and had a net profit of $17.34 million

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