Wells Fargo Maintains Overweight on Douglas Emmett, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Blaine Heck has maintained an Overweight rating on Douglas Emmett (NYSE:DEI) and raised the price target from $15 to $17.
September 11, 2024 | 2:26 pm
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POSITIVE IMPACT
Wells Fargo has increased its price target for Douglas Emmett from $15 to $17, maintaining an Overweight rating. This suggests a positive outlook for the stock.
The increase in price target from $15 to $17 by Wells Fargo, along with maintaining an Overweight rating, indicates a positive sentiment towards Douglas Emmett's stock. This is likely to boost investor confidence and potentially lead to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100