JP Morgan Maintains Underweight on Sunstone Hotel Invts, Raises Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Sean Meakim maintains an Underweight rating on Sunstone Hotel Invts (NYSE:SHO) and raises the price target from $8 to $9.
November 08, 2023 | 7:38 pm
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JP Morgan maintains an Underweight rating on Sunstone Hotel Invts and raises the price target from $8 to $9.
The news is directly about Sunstone Hotel Invts. JP Morgan's decision to maintain an Underweight rating indicates a negative outlook for the stock, but the raised price target from $8 to $9 suggests some potential upside. The impact on the stock price in the short term is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100