JP Morgan Maintains Underweight on Sunstone Hotel Invts, Lowers Price Target to $8
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Sean Meakim maintains an Underweight rating on Sunstone Hotel Invts (NYSE:SHO) and lowers the price target from $9 to $8.
August 07, 2023 | 3:55 pm
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NEGATIVE IMPACT
JP Morgan has maintained an Underweight rating on Sunstone Hotel Invts and lowered the price target from $9 to $8.
The lowered price target by JP Morgan indicates a bearish outlook for Sunstone Hotel Invts. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100