Wunderlich Securities Reiterates Buy and PT of $14.50 on Whitestone REIT

Wunderlich Securities reiterated its Buy rating and price target of $14.50 on Whitestone REIT (NYSE: WSR).

In a research report published today, Wunderlich states, "We estimate that further acquisition of properties with the proceeds of the recent capital raise will spur value creation. We reiterate our Buy rating and $14.50 target price on WSR shares."

On Monday, Whitestone closed at $12.70.