UPDATE: JMP Upgrades Strategic Hotels to Market Outperform, Says Could Be Target
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
|Nov 2014||Credit Suisse||Initiates Coverage on||Neutral|
|Aug 2014||Deutsche Bank||Maintains||Hold|
|Aug 2014||JP Morgan||Maintains||Neutral|
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