Douglas Emmett (DEI) Misses Q4 EPS by 3c

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UPDATE: Stifel Upgrades Douglas Emmett Inc. (DEI) to Hold

February 9, 2017 6:20 AM EST

(Updated - February 9, 2017 8:28 AM EST)

Stifel upgraded Douglas Emmett Inc. (NYSE: DEI) from Sell to Hold with a price target of $38 (from $30), saying value creation outlook outweighs excess leverage.

Analyst John Guinee commented, "We are upgrading Douglas Emmett to Hold... More