KeyBanc lowered the firm’s price target on Kilroy Realty (KRC) to $41 from $45 and keeps an Overweight rating on the shares. Office REITs entered the year cautiously optimistic about a potential stabilization in fundamentals, the firm notes. However, increased levels of uncertainty from DOGE spending cuts and fluctuating tariff negotiations have pressured Office sentiment, adds KeyBanc.
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Read More on KRC:
- Kilroy Realty downgraded to Neutral from Buy at Goldman Sachs
- Hold Rating on Kilroy Realty Amidst Weaker West Coast Office Demand and Declining FFO Growth
- Kilroy Realty initiated with a Hold at Jefferies
- Kilroy Realty price target lowered to $39 from $44 at RBC Capital
- Kilroy Realty downgraded to Equal Weight from Overweight at Wells Fargo