tiprankstipranks

Douglas Emmett price target raised to $15 from $12.50 at BofA

Douglas Emmett price target raised to $15 from $12.50 at BofA

BofA raised the firm’s price target on Douglas Emmett (DEI) to $15 from $12.50 and keeps an Underperform rating on the shares. While the firm remains more cautious on West Coast demand more broadly, Douglas Emmett’s setup “does appear to be improving” after the company faced several challenges during 2024, the analyst tells investors.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue