Truist lowered the firm’s price target on Sunstone Hotel to $12 from $13 and keeps a Hold rating on the shares as part of a broader research note on Lodging and Leisure names. The firm is updating its models after the group’s Q1 earnings season.
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Read More on SHO:
- Sunstone Hotel upgraded to Outperform from Neutral at Baird
- Target upgraded, CVS downgraded: Wall Street’s top analyst calls
- Compass upgrades Sunstone to Neutral on more reasonable valuation
- Sunstone Hotel upgraded to Neutral from Sell at Compass Point
- Sunstone Hotel reports Q1 adjusted FFO 18c, consensus 16c
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