Ladenburg Lifts PT on Host Hotels & Resorts (HST) – Here's Why
Ladenburg Lifts PT on Host Hotels & Resorts (HST) – Here's Why.
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Host Hotels & Resorts, Inc. (NASDAQ: HST ) is one of the top wonderful stocks to buy now . Ladenburg lifted the price target on Host Hotels & Resorts, Inc. (NASDAQ:HST) to $28 from $25 on June 10, maintaining a Buy rating on the shares. The firm told investors in a research note that the company's RevPAR growth has been stronger than expected, and expectations remain low.
Host Hotels & Resorts, Inc. (NASDAQ:HST) also received a rating update from BMO Capital on June 12, with the firm lifting the price target on the stock to $27 from $24 and maintaining an Outperform rating on the shares. The rating update came as part of a broader research note on the Gaming and Lodging names, with the firm telling investors in a research note that World Cup anticipation has taken a back seat to strong RevPAR performance that suggests upside to Q2 results and outlooks even if World Cup upside fails to materialize. The firm further stated that at this point, World Cup expectations are fairly low and hotel prices have continued to moderate, moving lower at 70% of lodging REIT hotels since April.
Host Hotels & Resorts, Inc. (NASDAQ:HST) is a real estate investment trust involved in the management of luxury and upper-upscale hotels. The company's operations are divided into the following geographical segments: United States, Brazil, and Canada.
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Sinergia Empresarial continuará el seguimiento de esta información sobre ladenburg Lifts PT on Host Hotels & Resorts (HST) – Here's Why y ampliará la cobertura conforme se confirmen nuevos elementos relevantes para el ecosistema empresarial.
