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Stock Market & Financial Investment News

News Breaks
February 14, 2014
06:35 EDTHOTStarwood Hotels upgraded to Buy from Neutral at UBS
UBS upgraded Starwood Hotels following yesterday's pull back in reaction to lack of a share repurchase since the previous quarter. The analyst believes any issues that prevented buybacks last quarter will not be an issue going forward and that the strength in North America, asset sales, and improving China RevPAR will drive shares higher. Price target raised to $85 from $75.
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August 15, 2014
10:01 EDTHOTOn The Fly: Analyst Upgrade Summary
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05:31 EDTHOTStarwood upgraded to Overweight from Equal Weight at Barclays
Barclays upgraded Starwood (HOT) to Overweight citing expectations for increased capital returns and catalysts from asset sales. The firm expects Starwood to close the valuation gap with Marriott (MAR) and raised its price target for shares to $89 from $84.

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