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

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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
Apr 2017JMP SecuritiesReinstatesMarket Perform
Mar 2017DA DavidsonInitiates Coverage OnBuy
Nov 2016FBR CapitalUpgradesMarket WeightOutperform

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

 

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