RBC Capital Maintains Outperform on Kilroy Realty, Lowers Price Target to $40
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Michael Carroll maintains an Outperform rating on Kilroy Realty (NYSE:KRC) but lowers the price target from $45 to $40.
May 30, 2023 | 12:22 pm
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NEUTRAL IMPACT
RBC Capital maintains an Outperform rating on Kilroy Realty (NYSE:KRC) but lowers the price target from $45 to $40.
The news indicates that RBC Capital still has a positive outlook on Kilroy Realty, maintaining an Outperform rating. However, the lowered price target from $45 to $40 suggests a more conservative valuation. This may have a neutral short-term impact on KRC's stock price, as the positive rating is balanced by the reduced price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100