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
|Dec 2015||Canaccord Genuity||Terminates|
|Oct 2015||RBC Capital||Downgrades||Sector Perform|
|Sep 2015||JMP Securities||Downgrades||Market Outperform||Market Perform|
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