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Sunstone Hotel upgraded to Overweight from Equal Weight at Wells Fargo

Wells Fargo upgraded Sunstone Hotel (SHO) to Overweight from Equal Weight with a price target of $11, up from $10. The firm views lodging real estate investment trusts as well positioned into 2026, saying the companies will benefit from softer compares, a strong event calendar, and an improving transaction market. Wells sees Sunstone posting sector leading RevPAR growth in 2026.

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