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Kilroy Realty price target lowered to $40 from $42 at BofA

BofA lowered the firm’s price target on Kilroy Realty (KRC) to $40 from $42 and keeps a Neutral rating on the shares. Kilroy beat the Street by 6% excluding one-time items, but guidance missed the Street by 4%, the analyst tells investors in a post-earnings note.

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