JPMorgan downgraded Brandywine Realty (BDN) to Underweight from Neutral without a price target The company’s balance sheet is “stretched” and its larger development projects have been challenged on the leasing side, the analyst tells investors in a research note. The firm says Brandywine will also face the large move-out of IBM in Austin in the coming years. JPMorgan does not have conviction around when share catalysts will emerge to turn some of the company’s challenges around.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BDN:
- Brandywine Realty price target lowered to $4 from $5 at Evercore ISI
- Brandywine Realty Trust Navigates Earnings Call with Optimism and Challenges
- Brandywine Realty Trust Reports Q3 2025 Earnings
- Brandywine Realty reports Q3 FFO 16c, consensus 17c
- Brandywine Realty lowers 2025 FFO view to 51c-53c from 60c-66c, consensus 61c