BXP price target lowered to $100 from $105 at Piper Sandler

Piper Sandler lowered the firm’s price target on BXP (BXP) to $100 from $105 and keeps an Overweight rating on the shares. The firm says the key takeaway from the Q4 earnings call is the significant occupancy ramp later this year into 2026 and 2027, as BXP has aggressively pursued outer year expirations, which should translate to accelerating FFO growth.