Barclays Maintains Equal-Weight on Boston Props, Lowers Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Anthony Powell maintains an Equal-Weight rating on Boston Properties (BXP) and lowers the price target from $67 to $66.

March 27, 2024 | 3:37 pm
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Barclays maintains an Equal-Weight rating on Boston Properties and lowers the price target from $67 to $66.
The reduction in price target by Barclays, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in BXP's stock price. The Equal-Weight rating suggests that the analyst views the stock as fairly valued at its current price, but the lowered target indicates a slight adjustment in valuation expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100