Morgan Stanley Maintains Equal-Weight on Sunstone Hotel Invts, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Grambling has maintained an Equal-Weight rating on Sunstone Hotel Invts (NYSE:SHO) but lowered the price target from $10 to $9.
August 25, 2023 | 2:40 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Sunstone Hotel Invts but lowered the price target from $10 to $9.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Sunstone Hotel Invts' stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100