Host Hotels downgraded to In Line from Outperform at Evercore ISI

Evercore ISI downgraded Host Hotels (HST) to In Line from Outperform with a $20 price target Following a positive Q3 beat and raise, with strong share price follow-through and the stock up 11% since reporting, the firm sees a more balanced risk-reward, the analyst tells investors. Shares are up 4% year-to-date against the broader lodging REIT sector down 10%, the analyst also noted.