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Colliers Securities Sticks to Their Buy Rating for Whitestone REIT (WSR)

Tipranks - Tipranks - Fri Feb 27, 4:52PM CST

Colliers Securities analyst Barry Oxford maintained a Buy rating on Whitestone REIT today and set a price target of $17.00.

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Oxford covers the Real Estate sector, focusing on stocks such as Mid-America Apartment, Independence Realty, and AvalonBay. According to TipRanks, Oxford has an average return of 4.6% and a 58.38% success rate on recommended stocks.

In addition to Colliers Securities, Whitestone REIT also received a Buy from Truist Financial’s Anthony Hau in a report issued today. However, on the same day, TipRanks – Anthropic downgraded Whitestone REIT (NYSE: WSR) to a Hold.

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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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