JPMorgan Chase Raises Douglas Emmett Price Target 5% to $16

A recent report from JPMorgan Chase & Co. has boosted Douglas Emmett's (NYSE:DEI) price target to $16.00, indicating a potential upside of 49.05% from the company's current price.

This new target surpasses the previous boost from Cantor Fitzgerald, which increased its price target on DEI from $12.00 to $13.00 in August.

The firm currently has a 'neutral' rating on Douglas Emmett's stock, but several other equities analysts have issued reports with varying ratings and targets. For example, Wells Fargo & Company lifted its price objective on DEI from $13.00 to $14.00 and gave the stock an 'overweight' rating.