J.P. Morgan Maintains Overweight Rating and $117 PT on Boston Properties

After Boston Properties'

investor/analyst day, J.P. Morgan published a research report reiterating its Overweight rating and $117 price target. In the report, J.P. Morgan writes, “The company's asset quality, market exposure, and management team provide a relative safe haven in the REIT space, and its balance sheet/development prospects provide a good source of future growth as well.” BXP closed yesterday at $87.70.