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Host Hotels price target raised to $24 from $21 at Jefferies

Jefferies analyst David Katz raised the firm’s price target on Host Hotels to $24 from $21 and keeps a Buy rating on the shares. The firm says its updated view on lodging C-corps and real estate investment trusts is tempered by the mix of economic outlooks affecting fundamentals, although it believes the recent change in the interest rate outlook supports higher valuations.

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