Compass Point Downgrades Host Hotels & Resorts to Neutral, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Compass Point has downgraded Host Hotels & Resorts (NASDAQ:HST) from Buy to Neutral and lowered the price target from $25 to $18.
August 01, 2024 | 11:39 am
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Compass Point has downgraded Host Hotels & Resorts from Buy to Neutral and reduced the price target from $25 to $18, indicating a less optimistic outlook.
The downgrade from Buy to Neutral and the significant reduction in the price target from $25 to $18 by Compass Point suggests a less favorable outlook for Host Hotels & Resorts. This is likely to negatively impact the stock price in the short term.
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