Morgan Stanley increases its price target $2 to $26 on Equal-weight-rated LaSalle Hotel Properties LHO, following model updates.
Morgan Stanley notes, "We completed a regular model update for LHO and maintain our EW rating. Our 2012E EPS goes from $0.46 to $0.68 and our PT increases from $24 to $26."
LHO closed at $29.04 a share yesterday.
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Posted In: Analyst ColorPrice TargetReiterationPre-Market OutlookAnalyst RatingsFinancialsMorgan StanleySpecialized REIT's
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