- Along with much of the rest of the REIT sector, Boston Properties (NYSE:BXP) has been in a downtrend since about Labor Day, in part thanks to a sharp rise in interest rates.
- The stock fell yesterday despite the company reporting an inline quarter and boosting full-year FFO guidance to $5.97-$5.99 per share from $5.92-$5.99.
- Nevertheless, Stifel bails, downgrading to Hold from Buy. Shares are down 2.6% today.
More losses for Boston Properties as Stifel downgrades
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Symbol | Last Price | % Chg |
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BXP | - | - |
Boston Properties, Inc. |