Wolfe Research upgraded Sunstone Hotel to Outperform from Peer Perform with a $12 price target. The firm believes the stock is set up for relative outperformance due to its 2025 EBITDA growth profile, and that the street is missing this. Wolfe noted that its price target implies 20% upside, including the dividend yield.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SHO:
Questions or Comments about the article? Write to editor@tipranks.com