** 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.