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JP Morgan Downgrades Emaar Development to Neutral, Cuts PT

MT Newswires·10/22/2026 07:38:18
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07:38 AM EDT, 10/22/2026 (MT Newswires) -- JP Morgan on Thursday downgraded real estate developer Emaar Development (DFM:EMAARDEV) to neutral from overweight and lowered its price target to 14.70 Emirati dirhams from 18 dirhams. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)