Citigroup Maintains Neutral on Douglas Emmett, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Emmanuel Korchman maintains a Neutral rating on Douglas Emmett (NYSE:DEI) but raises the price target from $14 to $16.
September 12, 2024 | 6:15 pm
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POSITIVE IMPACT
Citigroup has maintained its Neutral rating on Douglas Emmett but increased the price target from $14 to $16, indicating a slightly more positive outlook.
The increase in price target from $14 to $16 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 70
RELEVANCE 100