Keefe, Bruyette & Woods Comments on Host Hotels & Resorts - Host Hotels & Resorts (NASDAQ:HST)

27% profit every 20 days?

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Keefe, Bruyette & Woods provided color on Host Hotels & Resorts's (NYSE: HST) termination of agreement to purchase the Grand Hyatt D.C. in a research note published today. Keefe, Bruyette & Woods has a Market Perform rating and $13 price target on Host Hotels & Resorts.In the report, Keefe, Bruyette & Woods states, "We believe heightened concerns regarding D.C. trends drove HST to reconsider incremental operating leverage to D.C."Shares of Host Hotels & Resorts were trading at $14.16 at the time of posting, up 0.50% from Monday's market close.

27% profit every 20 days?

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