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Fly News Breaks for December 8, 2015
DEI
Dec 8, 2015 | 08:32 EDT
As noted earlier, BMO Capital upgraded Douglas Emmett to Outperform from Market Perform. The firm thinks that Blackstone's (BX) sale of four West LA office buildings will be a catalyst for Douglas' stock in the near-term, while the company's Q3 results indicated that it had begun to generate organic growth. Additionally, the firm expects the company to improve tenancy at Warner Center. Target to $35 from $34.
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