Piper Sandler Maintains Neutral on Boston Props, Raises Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Goldfarb has maintained a Neutral rating on Boston Properties (BXP) and increased the price target from $60 to $77.
December 20, 2023 | 6:53 pm
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Piper Sandler has maintained a Neutral rating on Boston Properties but raised the price target from $60 to $77, indicating a positive outlook on the stock's value.
The increase in price target by Piper Sandler suggests a more optimistic valuation of Boston Properties, which could lead to increased investor interest and a potential short-term rise in the stock price. The Neutral rating indicates that the analyst believes the stock is fairly valued at its current price, but the raised target implies there may be some room for growth.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100