Boston Properties Inc. (BXP) has had its price target reduced from $86 to $82 by Mizuho analyst Vikram Malhotra, who maintains an Outperform rating for the stock. Malhotra adopts a neutral stance on office-related stocks, citing elevated risk premiums and high expectations following recent performance. The average target price for BXP is $76.44, with a high estimate of $86.00 and a low estimate of $62.00.
Boston Properties Inc. (BXP), a leading real estate investment trust (REIT) focused on Class A commercial properties, has seen its price target reduced by Mizuho analyst Vikram Malhotra. Malhotra, who maintains an Outperform rating for the stock, has lowered the price target from $86 to $82. The analyst adopts a neutral stance on office-related stocks, citing elevated risk premiums and high expectations following recent performance [1].
The average target price for BXP stands at $76.44, with a high estimate of $86.00 and a low estimate of $62.00. Malhotra's decision to reduce the price target reflects a cautious approach to the office sector, where elevated risk premiums and high expectations may lead to a correction in the near term.
Despite the reduction in the price target, BXP continues to be supported by strategic portfolio shifts and a focus on upscale developments. The REIT has been trimming its exposure to suburban properties and aligning its assets with emerging trends in artificial intelligence, moves that support premium rental growth [1].
The latest trading data indicates that BXP's stock price ended at $69.92 on Tuesday, July 15, 2025, after losing 1.84%. The stock has shown resilience, with a rise in 8 out of the last 10 days and an increase of 3.63% over the past two weeks. The stock is expected to rise 10.45% during the next three months, with a 90% probability of holding a price between $75.35 and $85.23 at the end of this period [2].
Investors should closely monitor BXP's performance as it continues to navigate the evolving office market landscape. While the price target reduction reflects a cautious outlook, the REIT's strategic portfolio shifts and focus on premium rental growth remain key drivers of its long-term potential.
References:
[1] https://finance.yahoo.com/news/bmo-backs-boston-properties-bxp-142427357.html
[2] https://stockinvest.us/stock/BXP
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