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Reading: Douglas Emmett raised to Overweight at Piper on LA demand tailwind (DEI:NYSE)

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Douglas Emmett raised to Overweight at Piper on LA demand tailwind (DEI:NYSE)

Last updated: January 13, 2025 4:10 pm

By MT HANNACH

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Piper Sandler analyst Alexander Goldfarb upgraded Dougles Emmett (NYSE:DEI) the stock was moved from neutral to overweight in a recent note that the Los Angeles fires will boost demand for multifamily housing amid the displacement of hundreds of thousands of people.