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Stock impact report

Could BXP Inc (BXP) Raise Its Target Development Yield [Yahoo! Finance]

BXP, Inc. (BXP) 
Last bxp, inc. earnings: 4/28 04:49 pm Check Earnings Report
US:NYSE Investor Relations: ir.bostonproperties.com
Company Research Source: Yahoo! Finance
BXP Inc. (NYSE: BXP ) is one of the 10 cheap REITs with huge upside On March 2, Scotiabank reduced its price target on BXP Inc. (NYSE:BXP) from $74 to $65. The firm maintained a Sector Perform rating on the stock that yields an adjusted upside potential of 25%. Copyright: maciejbledowski / 123RF Stock Photo The firm also revised its set of targets for all its U.S. real estate and REIT coverage based on the fourth quarter announcements. Scotiabank believes that REITs should focus on improved development yields to preserve near-term funds from operations per share, and that external expansion through acquisition-driven growth currently offers a more attractive thematic story. On February 24, Mizuho analyst Vikram Malhotra downgraded BXP Inc. (NYSE:BXP) from an Outperform rating to a Neutral rating. The analyst reduced his price target from $79 to $62, resulting in a revised upside of more than 19%. Malhotra said the rapid advancement of AI models could emerge as a potential d Show less Read more
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