In recent news,
Boston Properties (BXP) has seen a flurry of activities. Their
target price target has been trimmed by Evercore ISI, Swiss National Bank was reported to have a
$32.59 Million investment in the company. However, their performance was found to be
lagging compared to competitors on a certain Tuesday. Impressively, the company's
Q1 2024 results showed resilience. BXP renewed its
$600M ATM offering program and underwent several rankings readjustment, being
downgraded to 'sell' by StockNews.com. Notably, the company
surpassed Q2 FFO estimates and had a successful quarter with revenues beating expectations. BXP has seen fresh investments from firms like
Los Angeles Capital Management LLC, and Boston Properties was
sued by Thermo Fisher's Brammer Bio over a construction dispute. Looking forward, a Q2 2024 earnings forecast for Boston Properties has been issued by Wedbush. In another interesting development, BXP has
sold a 45% stake in 290 Binney Street and made fresh
acquisitions of stakes in other office portfolio partners. Furthemore, Boston Properties is
set to announce Quarterly Earnings on a upcoming Tuesday. A new venture into a 'high-growth dividend stock', BXP has reportedly
bought out three partners to double down on office. Finally, Boston Properties has also initiated an 'extensive' renovation of a D.C.-Area building and stayed strong even amid
rising rates.
Boston Properties BXP News Analytics from Sun, 17 Sep 2023 07:00:00 GMT to Wed, 08 May 2024 18:32:19 GMT -
Rating 0
- Innovation -5
- Information 6
- Rumor -3
