Truist Securities Maintains Hold on Boston Props, Lowers Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Barry Jonas has maintained a Hold rating on Boston Properties (NYSE:BXP) but reduced the price target from $79 to $77.
January 16, 2024 | 6:43 pm
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Truist Securities has maintained a Hold rating on Boston Properties but lowered the price target from $79 to $77, indicating a potential downside or limited upside.
The reduction in price target by Truist Securities suggests that the analyst sees less potential for price appreciation in Boston Properties' stock. This could lead to a negative short-term sentiment among investors, potentially causing a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100