Piper Sandler analyst Alexander Goldfarb downgraded Douglas Emmett (DEI) to Neutral from Overweight with a price target of $14, down from $19, following the earnings report. The firm says its hope of an office recovery in the Westside of Los Angeles is taking longer than expected. This makes it challenging to keep a bullish stance on the shares compared to the stronger rebounds in San Francisco and East Coast CBD markets, the analyst tells investors in a research note. As such, Piper sees better investments elsewhere.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DEI:
- Douglas Emmett Reports Steady Q3 2025 Earnings
- Douglas Emmett’s Earnings Call: Mixed Sentiments and Strategic Moves
- Balanced Outlook for Douglas Emmett: Strong Multifamily Performance Offset by Office Sector Challenges
- Douglas Emmett sees FY25 FFO $1.43-$1.47, consensus $1.46
- Douglas Emmett reports Q3 FFO 34c, consensus 34c