Kilroy Realty: Analysts Weigh Fundamentals and Challenges Amid Changing Narrative

Kilroy Realty's stock narrative has shifted due to a slight decrease in the consensus analyst price target from $42.13 to $42.00. Analysts weigh improving market fundamentals against persistent challenges in key markets. Scotiabank upgraded Kilroy Realty to "Sector Perform" from "Underperform," citing tangible improvements in the San Francisco Financial District and SoMa. Barclays downgraded Kilroy Realty to "Equal Weight" from "Overweight," while Goldman Sachs downgraded it to "Sell" from "Neutral." The stock's outlook will depend on management's ability to drive leasing momentum and navigate sector headwinds.