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

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Pete Najarian Sees Unusual Options Activity In Strategic Hotels and Resorts
Strategic Hotels Worth $16.50 If It Gets Acquired By A Private Equity

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
Jul 2015Evercore PartnersDowngradesBuyHold
Jul 2015Canaccord GenuityInitiates Coverage onBuy
May 2015Goldman SachsUpgradesMarket PerformOutperform

View More Analyst Ratings for BEE
View the Latest Analyst Ratings

Posted-In: Analyst Color Upgrades Analyst Ratings

 

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