RBC Capital Downgrades Kilroy Realty to Sector Perform, Lowers Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Michael Carroll downgraded Kilroy Realty (NYSE:KRC) from Outperform to Sector Perform and reduced the price target from $44 to $39.
March 08, 2024 | 9:23 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Kilroy Realty was downgraded by RBC Capital from Outperform to Sector Perform, with a price target reduction from $44 to $39.
The downgrade from Outperform to Sector Perform by a major analyst like RBC Capital, coupled with a significant reduction in price target, is likely to negatively impact investor sentiment towards Kilroy Realty in the short term. This could lead to a decrease in stock price as market participants adjust their expectations based on the new analyst rating and price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100