Raymond James Maintains Outperform on Douglas Emmett, Lowers Price Target to $16
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst William Crow has maintained an 'Outperform' rating on Douglas Emmett (NYSE:DEI) but lowered the price target from $17 to $16.
August 04, 2023 | 3:13 pm
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Douglas Emmett's price target has been lowered from $17 to $16 by Raymond James, though the 'Outperform' rating is maintained.
The lowering of the price target by Raymond James could potentially create a negative sentiment among investors, but the maintained 'Outperform' rating suggests that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100