Latest news

Weakness in the real estate investment trust (REIT) sector continues as investors dump shares.  The relentless selling this week was enough to take these three REITs to new 52-week lows. It’s not a bullish sign for the group that the trend seems to be irretrievably downward this year.

Companies Reporting Before The Bell • Hyatt Hotels (NYSE:H) is estimated to report quarterly earnings at $0.28 per share on revenue of $1.45 billion.

Analysts have provided the following ratings for Douglas Emmett (NYSE:DEI) within the last quarter:

Raymond James analyst William Crow maintains Douglas Emmett (NYSE:DEI) with a Outperform and lowers the price target from $28 to $23.

  On Tuesday, 838 companies hit new 52-week lows.

  On Friday, 404 stocks made new 52-week lows.

  On Tuesday, 456 stocks hit new 52-week lows.

Upgrades

Evercore ISI Group analyst Steve Sakwa downgrades Douglas Emmett (NYSE:DEI) from Outperform to In-Line and lowers the price target from $27 to $24.

  Monday saw 825 companies set new 52-week lows.