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Fly News Breaks for February 11, 2016
DEI
Feb 11, 2016 | 07:56 EDT
As noted earlier, Stifel downgraded Douglas Emmett to Sell from Hold. As reasons for the downgrade, the firm cited what it sees as the high price of its acquisition, high debt levels, NAV dilution, unfavorable valuation relative to peers, and lack of a value-add platform. Target $23.50.
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