Douglas Emmett (DEI) Tops Q2 FFO by 1c

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Go back to Douglas Emmett (DEI) Tops Q2 FFO by 1c

Mizuho Securities Downgrades Douglas Emmett Inc. (DEI) to Neutral

August 4, 2016 6:25 AM EDT

Mizuho Securities downgraded Douglas Emmett Inc. (NYSE: DEI) from Buy to Neutral with a price target of $37.00.

Analyst Richard Anderson commented, "Our downgrade of DEI is mostly valuation-based after a solid YTD run, outperforming the REITs by about 700bps. Unlike ARE, we don't have the benefit of DEI trading at an attractive NAV... More