JP Morgan Maintains Neutral on Douglas Emmett, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Anthony Paolone maintains a Neutral rating on Douglas Emmett (NYSE:DEI) but raises the price target from $15 to $18.
September 09, 2024 | 3:05 pm
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POSITIVE IMPACT
JP Morgan has maintained its Neutral rating on Douglas Emmett but increased the price target from $15 to $18, indicating a more positive outlook.
The increase in the price target from $15 to $18 suggests a more optimistic view on Douglas Emmett's future performance, which could positively influence investor sentiment and potentially lead to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100