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Kilroy Realty downgraded to Neutral from Outperform at Mizuho

Kilroy Realty downgraded to Neutral from Outperform at Mizuho

Mizuho downgraded Kilroy Realty (KRC) to Neutral from Outperform with a price target of $43, down from $45. The firm says that while the “easy money has been made” in 2024 for real estate investment stocks, it still sees “pockets of opportunity” in 2025. For Kilroy, the analyst sees “still challenged” fundamentals and downside risk to funds from operations estimates. The company has a difficult path to leasing up its key life science asset, the analyst tells investors in a research note.

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