<div id="readability-page-1"><div> ** Mizuho cuts real estate investment trust BXP's price target to $79 from $82, reiterates &#34;outperform&#34; rating ** New PT still represents an upside of 10.3% from stock's last close ** Mizuho faces pressure from dilutive asset sales and higher interest expenses due to $1 billion debt maturing in Q4 2026 ** Adds that 340 Park Avenue property becomes operational in Q4, capitalized interest will decline ** A common &#34;earnings&#34; trend is most office REITs likely have limited funds from operations (FFO) growth in FY26 and there is hope of a &#34;hockey-stick&#34; in several for FY27 - brokerage ** Nine of 23 brokerages rate the stock &#34;buy&#34; or higher and 14 &#34;hold&#34;; their median PT is $78, according to data compiled by LSEG ** Including session's moves, shares down 4.2% YTD</div></div>

Mizuho cuts BXP's price target to $79 due to $1 billion debt maturity and market headwinds, but maintains an "outperform" rating. The new target suggests a 10.3% upside from the last close. Mizuho faces pressure from asset sales and higher interest expenses. Nine brokerages rate BXP as "buy" or higher, while 14 rate it "hold". Shares are down 4.2% YTD.

Mizuho cuts BXP's PT on $1 bln debt maturity, market headwinds