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

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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.

Posted-In: Analyst Color Upgrades Analyst Ratings

 

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