UPDATE: Bank of America Downgrades Boston Properties After Recent Sell Off
October 08, 2013 at 10:51 AM EDT
In a report published Tuesday, Bank of America analyst Jeffrey Spector downgraded the rating on Boston Properties (NYSE: BXP ) from Buy to Neutral, but reiterated the $118.00 price target. In the report, Bank of America noted, “We are downgrading BXP to Neutral from Buy and maintaining our $118 PO.