Piper Sandler Downgrades Douglas Emmett to Neutral, Announces $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Goldfarb has downgraded Douglas Emmett (NYSE:DEI) from Overweight to Neutral and set a price target of $15.
September 05, 2023 | 10:01 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Douglas Emmett has been downgraded by Piper Sandler from Overweight to Neutral, with a new price target of $15.
The downgrade from Overweight to Neutral by Piper Sandler indicates a less optimistic outlook for Douglas Emmett. This could potentially lead to a decrease in the stock's price in the short term. The new price target of $15 also suggests a potential downside from the current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100