Morgan Stanley Upgrades Sunstone Hotel Invts to Equal-Weight, Raises Price Target to $10
Portfolio Pulse from richadhand@benzinga.com
Morgan Stanley analyst Stephen Grambling upgrades Sunstone Hotel Invts (NYSE:SHO) from Underweight to Equal-Weight and raises the price target from $9 to $10.
June 27, 2023 | 9:37 am
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Sunstone Hotel Invts (NYSE:SHO) has been upgraded by Morgan Stanley from Underweight to Equal-Weight, with a raised price target of $10.
Morgan Stanley's upgrade of Sunstone Hotel Invts from Underweight to Equal-Weight and the raised price target from $9 to $10 indicate a positive outlook for the stock. This could lead to increased investor interest and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100