In other recent news, Boston Properties Inc. reported its first-quarter 2025 earnings, showing an earnings per share (EPS) of $0.39, which surpassed the forecast of $0.37. The company's revenue also exceeded expectations, reaching $865.2 million compared to the forecast of $835.53 million. Despite these positive earnings results, Boston Properties' stock saw a decline in after-hours trading. Piper Sandler maintained an Overweight rating on Boston Properties, keeping the price target at $85.00, citing potential growth in the office sector due to limited new construction and increasing demand for high-quality office spaces. Meanwhile, Truist Securities revised its outlook on the company, cutting the 12-month price target to $71.00 from $75.00, while maintaining a Hold rating. This adjustment was influenced by significant tenant move-outs expected in 2025. Truist's analyst noted a potential return to positive normalized funds from operations (FFO) per share growth in 2026.