Boston Properties (BXP) Receives A Bullish Rating From KMP Securities

Posted: Thursday, November 19, 2009 12:17 PM EDT

Boston Properties (NYSE: BXP) opened at $66.82. So far today, the stock has hit a low of $65.51 and a high of $66.82. BXP is now trading at $65.56, down $1.75 (-2.6%). The stock hit its 52-Week high of $72.23 in September and set its 52-Week low of $29.30 in March. The stock is moving lower in today's trading despite receiving a Market Perform rating from KMP Securities. Technical indicators for the stock are neutral and S&P gives BXP a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on BXP the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 55 range. [ABR-Seven Summits Strategic Investments NewsBite]

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