Market Overview

UPDATE: JMP Upgrades Strategic Hotels to Market Outperform, Says Could Be Target

Share:
Related BEE
Strategic Hotels & Resorts' Stockholders Approve Blackstone Acquisition, $6B
Canaccord Expecting San Francisco Hotel RevPAR To Gain 5% In Q1 Driven By The SuperBowl, Believes Investors Do Not Anticipate Q1 Outperformance Of Lodging REITs

JMP raised its rating on Strategic Hotels & Resorts (NYSE: BEE) from Market Perform to Market Outperform, set new $7 price target.

JMP said the company could be a takeover target following news late Friday the CEO resigned.

Latest Ratings for BEE

DateFirmActionFromTo
Dec 2015Canaccord GenuityTerminates
Oct 2015RBC CapitalDowngradesSector Perform
Sep 2015JMP SecuritiesDowngradesMarket OutperformMarket Perform

View More Analyst Ratings for BEE
View the Latest Analyst Ratings

Posted-In: Analyst Color Upgrades Analyst Ratings

 

Related Articles (BEE)

View Comments and Join the Discussion!

Get Benzinga's Newsletters