Aug. 29 at 7:37 PM
$HHH So, JPMorgan raised their price target on Howard Hughes to
$85 from
$76 but kept a Neutral rating, which doesn't make any sense. That price increase implies a double digit % return - how is that not a BUY rating? JPM "increased estimates to reflect the company's stronger than expected quarterly report and guidance. Howard's core real estate businesses are performing well but identifying catalysts for the stock remains a headwind"