TheNewsRoom | Upgrades: BXP, HTS, GNW

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Upgrades: BXP, HTS, GNW

October 29, 2009

This morning, Deutsche Bank upgraded shares of Boston Properties (BXP) from Hold to Buy as the company has ample amounts of cash on the balance sheet to take advantage of the acquisition opportunities that will arise over the next 12-18 months in the commercial real estate sector. The recently completed bond deal generated an additional $700 million which should permit the company to grow its portfolio.