Citigroup initiated coverage on La Quinta Holdings Inc LQ with a Buy rating.
The target price for La Quinta Holdings is set to $27.
La Quinta Holdings shares have gained 35.62 percent over the past 52 weeks, while the S&P 500 index has surged 12.21 percent in the same period.
La Quinta Holdings' shares jumped 1.51 percent to close at $23.57 yesterday.
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