Market Overview

UPDATE: Cantor Fitzgerald Upgrades Host Hotels & Resorts to Buy on Valuation

Related HPT
High-Flying REIT Lodging Sector Crashes: Ebola Concerns Or Profit Taking?
How Hospitality Properties Trust (HPT) Stock Stands Out in a Strong Industry - Tale of the Tape

Cantor Fitzgerald raised its rating on Host Hotels & Resorts (NYSE: HPT) from Hold to Buy with a reiterated $16

Cantor Fitzgerald noted, "We've believed for some time that Host has a great management team and portfolio of assets. The challenge we've had since we initiated coverage earlier this year is one of valuation. With the recent pullback in the shares, we find the current upside potential attractive enough to warrant the upgrade to BUY."

Host Hotels & Resorts closed at $14.68 on Tuesday.

Latest Ratings for HPT

DateFirmActionFromTo
Nov 2014Stifel NicolausMaintainsBuy
Mar 2014Wells FargoUpgradesMarket PerformOutperform
Nov 2013BMO CapitalMaintainsMarket Perform

View More Analyst Ratings for HPT
View the Latest Analyst Ratings

Posted-In: Cantor FitzgeraldAnalyst Color Upgrades Intraday Update Analyst Ratings

 

Related Articles (HPT)

Around the Web, We're Loving...

Get Benzinga's Newsletters