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Deutsche Bank Raises Price Target For Home Inns & Hotels Management Inc. (HMIN)

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Analysts Chris Woronka and Tim Wengard at Deutsche Bank have raised the price target for Home Inns & Hotels Management Inc. (ADR) (NASDAQ: HMIN) from $44 to $47.

Analysts believe that the broader market weakness presents a compelling buying opportunity for long-term investors. They also say that the higher franchisee mix should have positive margin implications in the near-term.

Analysts at Deutsche Bank find Home Inns & Hotels Management Inc.’s relative valuation to be very attractive and have maintained their Buy rating for the company.

Posted-In: Chris Woronka Deutsche Bank Tim WengardAnalyst Color Price Target Analyst Ratings

 

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