Douglas Emmett Reaches Analyst Target Price
September 27, 2016 at 09:26 AM EDT
In recent trading, shares of Douglas Emmett Inc (DEI) have crossed above the average analyst 12-month target price of $37.88, changing hands for $37.91/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..