BUZZ-Mizuho cuts BXP's PT on $1 bln debt maturity, market headwinds

Reuters

2025/12/13

** Mizuho cuts real estate investment trust BXP's BXP.N price target to $79 from $82, reiterates "outperform" rating

** New PT still represents an upside of 10.3% from stock's last close

** Mizuho faces pressure from dilutive asset sales and higher interest expenses due to $1 billion debt maturing in Q4 2026

** Adds that 340 Park Avenue property becomes operational in Q4, capitalized interest will decline

** A common "earnings" trend is most office REITs likely have limited funds from operations (FFO) growth in FY26 and there is hope of a "hockey-stick" in several for FY27 - brokerage

** Nine of 23 brokerages rate the stock "buy" or higher and 14 "hold"; their median PT is $78, according to data compiled by LSEG

** Including session's moves, shares down 4.2% YTD

(Reporting by Megavarshini G. Somasundaram in Bengaluru)

((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))

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Somasundaram in Bengaluru)</p><p> ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251212:nL4N3X113P:1","article_id":"2591500700","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2591500700","pubTimestamp":1765555808,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Mizuho cuts BXP's PT on $1 bln debt maturity, market headwinds     ** Mizuho cuts real estate investment trust BXP's BXP.N price target to $79 from $82, reiterates \"outperform\" rating     ** New ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","BK4223":"办公室房地产信托","BK4585":"ETF&股票定投概念","BXP":"BXP Inc","BK4194":"办公房地产投资信托"},"translate_title":"BUZZ-Mizuho因10亿美元债务到期和市场逆风而下调BXP的PT","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BXP":0.9},"content_text":"BUZZ-Mizuho cuts BXP's PT on $1 bln debt maturity, market headwinds     ** Mizuho cuts real estate investment trust BXP's BXP.N price target to $79 from $82, reiterates \"outperform\" rating     ** New PT still represents an upside of 10.3% from stock's last close      ** Mizuho faces pressure from dilutive asset sales and higher interest expenses due to $1 billion debt maturing in Q4 2026     ** Adds that 340 Park Avenue property becomes operational in Q4, capitalized interest will decline     ** A common \"earnings\" trend is most office REITs likely have limited funds from operations (FFO) growth in FY26 and there is hope of a \"hockey-stick\" in several for FY27 - brokerage     ** Nine of 23 brokerages rate the stock \"buy\" or higher and 14 \"hold\"; their median PT is $78, according to data compiled by LSEG     ** Including session's moves, shares down 4.2% YTD (Reporting by Megavarshini G. 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