Compass Point Upgrades Sunstone Hotel Invts to Neutral, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Floris Van Dijkum upgraded Sunstone Hotel Invts (NYSE:SHO) from Sell to Neutral and increased the price target from $10 to $12.
May 07, 2024 | 11:53 am
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Sunstone Hotel Invts was upgraded from Sell to Neutral by Compass Point analyst Floris Van Dijkum, with the price target raised from $10 to $12.
The upgrade from Sell to Neutral by a notable analyst, along with an increase in the price target, suggests a positive reassessment of Sunstone Hotel Invts's market position and future prospects. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100