Analysts Weigh In Following Report Co. Hired Firm to Consider Sale

ISI Group analyst Ian Weissman reiterated a Buy rating raised his price target on shares of Strategic Hotels BEE from $9.75 to $11 Friday morning. Weissman said a possible takeover may be above $11/share. He said potential buyers could include private-equity firms like Carlyle, TPG, and Blackstone. JMP's William Marks also issued a note suggesting the company could be worth $9-$13/share in a deal. Shares of Strategic Hotels are currently up about 8 percent to $9.10.