Scotiabank Upgrades BXP (BXP) to Outperform

BXP, Inc. (NYSE:BXP) is one of the 10 Interest Rate Sensitive Stocks to Buy Now.

On June 18, 2026, Scotiabank upgraded BXP, Inc. (BXP) to Outperform from Sector Perform with a price target of $70, up from $65. Scotiabank said leasing has been strong since the company’s investor day last September, which should help improve FFO per share growth. The firm also viewed BXP’s relative valuation as attractive within the office REIT group.

On June 16, BXP announced that McDermott Will & Schulte signed a lease for approximately 150,000 square feet at 343 Madison Avenue in New York City. The firm will occupy floors 31 through 37 of the 930,000 square foot premier workplace, which is currently under construction.

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Last month, Truist analyst Michael Lewis lowered the firm’s price target on BXP to $64 from $70 and kept a Hold rating. Lewis reduced Truist’s 2026 FFO estimate to reflect higher assumed interest rates and capital expenditures. Truist also said BXP faces dilutive refinancing activity and may find it challenging to both de-lever and grow in the current environment.

BXP, Inc. (BXP) owns and manages premier workplaces in Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC.

While we acknowledge the risk and potential of BXP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than BXP and that has 10,000% upside potential, check out our report about the cheapest AI stock.

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