Boston Properties price target raised to $80 from $64 at Wells Fargo

Wells Fargo raised the firm’s price target on Boston Properties to $80 from $64 and keeps an Overweight rating on the shares. The firm hosted meetings with the company’s management team. Boston Proprieties’ high quality portfolio, access to capital, and compelling valuation reinforces Wells’ view that it remains one of the best risk-adjusted names in the office group.