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

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. Pixabay/Public Domain 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.

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