Jefferies Maintains Buy on Host Hotels & Resorts, Raises Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst David Katz has reaffirmed a Buy rating on Host Hotels & Resorts (NASDAQ:HST) and increased the price target from $21 to $24, indicating a positive outlook on the stock.
January 02, 2024 | 12:41 pm
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POSITIVE IMPACT
Jefferies analyst David Katz maintains a Buy rating on Host Hotels & Resorts and raises the price target from $21 to $24, suggesting a bullish stance on the stock.
The increase in price target by Jefferies reflects a positive assessment of Host Hotels & Resorts' future performance. This endorsement from a reputable analyst is likely to instill confidence in investors and could lead to a short-term increase in the stock price, as market participants may adjust their valuations to align with the new price target.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100