Piper Sandler Maintains Neutral on Douglas Emmett, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Goldfarb maintains a Neutral rating on Douglas Emmett (NYSE:DEI) and lowers the price target from $17 to $15.

March 22, 2024 | 2:07 pm
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NEGATIVE IMPACT
Piper Sandler maintains a Neutral rating on Douglas Emmett and lowers the price target from $17 to $15.
The reduction in price target by Piper Sandler suggests a bearish outlook on Douglas Emmett's short-term price potential, likely due to perceived challenges or limited upside. This could lead to negative sentiment among investors, potentially causing a short-term decrease in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100