BUZZ-J.P.Morgan upgrades BXP to 'neutral', lifts PT

Reuters

Jun 23, 2025

** J.P.Morgan upgrades real estate investment trust BXP BXP.N rating to "neutral' from "underweight", also raises price target to $78 from $72, an upside of 9.1% from the stock's last close

** Expects co's occupancy and leasing activity to improve in the coming quarters

** "We believe the office market should see an inflection up in occupancy late in 2025 or early 2026" - says J.P.Morgan

** Estimates 2025 funds from operations/share (FFO) at $6.89, unchanged from prior forecast, but cuts 2026 FFO/share to $7.24 from $7.29

* 8 of 22 brokerages rate the stock "buy" or higher, 13 "hold" and 1 " strong sell"; their median PT is $75- data compiled by LSEG

** As of last close, stock had fallen 3.9% YTD

(Reporting by Apratim Sarkar)

((Apratim.Sarkar@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2545411396"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2545411396\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2545411396?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-06-23 20:06","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2545411396","market":"us","top_or_hot":-1,"title":"BUZZ-J.P.Morgan upgrades BXP to 'neutral', lifts PT","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-J.P.Morgan upgrades BXP to 'neutral', lifts PT</title></head><body><p> ** J.P.Morgan upgrades real estate investment trust BXP <span>BXP.N</span> rating to \"neutral' from \"underweight\", also raises price target to $78 from $72, an upside of 9.1% from the stock's last close</p><p>** Expects co's occupancy and leasing activity to improve in the coming quarters</p><p>** \"We believe the office market should see an inflection up in occupancy late in 2025 or early 2026\" - says J.P.Morgan</p><p>** Estimates 2025 funds from operations/share (FFO) at $6.89, unchanged from prior forecast, but cuts 2026 FFO/share to $7.24 from $7.29</p><p>     * 8 of 22 brokerages rate the stock \"buy\" or higher, 13 \"hold\" and 1 \" strong sell\"; their median PT is $75- data compiled by LSEG</p><p>** As of last close, stock had fallen 3.9% YTD</p><p>(Reporting by Apratim Sarkar)</p><p>((Apratim.Sarkar@thomsonreuters.com))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-J.P.Morgan upgrades BXP to 'neutral', lifts PT</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-J.P.Morgan upgrades BXP to 'neutral', lifts PT\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-23 20:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-J.P.Morgan upgrades BXP to 'neutral', lifts PT</title></head><body><p> ** J.P.Morgan upgrades real estate investment trust BXP <span>BXP.N</span> rating to \"neutral' from \"underweight\", also raises price target to $78 from $72, an upside of 9.1% from the stock's last close</p><p>** Expects co's occupancy and leasing activity to improve in the coming quarters</p><p>** \"We believe the office market should see an inflection up in occupancy late in 2025 or early 2026\" - says J.P.Morgan</p><p>** Estimates 2025 funds from operations/share (FFO) at $6.89, unchanged from prior forecast, but cuts 2026 FFO/share to $7.24 from $7.29</p><p>     * 8 of 22 brokerages rate the stock \"buy\" or higher, 13 \"hold\" and 1 \" strong sell\"; their median PT is $75- data compiled by LSEG</p><p>** As of last close, stock had fallen 3.9% YTD</p><p>(Reporting by Apratim Sarkar)</p><p>((Apratim.Sarkar@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BXP","symbol_name":"BXP Inc","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250623:nL4N3SQ0S5:1","article_id":"2545411396","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2545411396","pubTimestamp":1750680376,"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-J.P.Morgan upgrades BXP to 'neutral', lifts PT ** J.P.Morgan upgrades real estate investment trust BXP BXP.N rating to \"neutral' from \"underweight\", also raises price target to $78 from $72, an upside of 9.1% from the stock's last close** Expects co's occupancy and leasing activity to improve in the coming quarters** \"We believe the office market should see an inflection up in occupancy late in 2025 or early 2026\" - says J.P.Morgan** Estimates 2025 funds from operations/share  at $6.89, unchanged from prior forecast, but cuts 2026 FFO/share to $7.24 from $7.29     * 8 of 22 brokerages rate the stock \"buy\" or higher, 13 \"hold\" and 1 \" strong sell\"; their median PT is $75- data compiled by LSEG** As of last close, stock had fallen 3.9% YTD","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"BXP":"BXP Inc"},"translate_title":"BUZZ-摩根大通将BXP评级上调至“中性”，上调PT","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BXP":0.9},"content_text":"BUZZ-J.P.Morgan upgrades BXP to 'neutral', lifts PT ** J.P.Morgan upgrades real estate investment trust BXP BXP.N rating to \"neutral' from \"underweight\", also raises price target to $78 from $72, an upside of 9.1% from the stock's last close** Expects co's occupancy and leasing activity to improve in the coming quarters** \"We believe the office market should see an inflection up in occupancy late in 2025 or early 2026\" - says J.P.Morgan** Estimates 2025 funds from operations/share (FFO) at $6.89, unchanged from prior forecast, but cuts 2026 FFO/share to $7.24 from $7.29     * 8 of 22 brokerages rate the stock \"buy\" or higher, 13 \"hold\" and 1 \" strong sell\"; their median PT is $75- data compiled by LSEG** As of last close, stock had fallen 3.9% YTD(Reporting by Apratim Sarkar)((Apratim.Sarkar@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}