Evercore ISI Group Maintains Outperform on Boston Props, Lowers Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Steve Sakwa maintains an Outperform rating on Boston Properties (BXP) but lowers the price target from $73 to $69.

May 06, 2024 | 5:05 pm
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NEUTRAL IMPACT
Evercore ISI Group maintains an Outperform rating on Boston Properties but lowers the price target from $73 to $69.
The adjustment in price target by Evercore ISI Group, while maintaining an Outperform rating, suggests a positive outlook on BXP's performance but with a slightly reduced growth expectation. This could lead to a neutral short-term impact on BXP's stock price as the market digests the revised target alongside the continued positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100