Evercore ISI raised the firm’s price target on Host Hotels (HST) to $19 from $18 and keeps an Outperform rating on the shares. The firm, which is adjusting estimates for its lodging REIT coverage, says that Q1 results generally were ahead of expectations and outlooks were better than fears. Host and Ryman Hospitality (RHP) are the firm’s top picks in lodging REITs, the analyst noted.
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Read More on HST:
- Host Hotels price target lowered to $17 from $19 at Wedbush
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- Host Hotels raises FY25 adjusted FFO view to $1.88-$1.97 from $1.82-$1.91
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