Wells Fargo Maintains Overweight on Host Hotels & Resorts, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Dori Kesten maintains an Overweight rating on Host Hotels & Resorts (NASDAQ:HST) but lowers the price target from $21 to $19.
September 13, 2024 | 3:04 pm
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NEUTRAL IMPACT
Wells Fargo has maintained its Overweight rating on Host Hotels & Resorts but has lowered the price target from $21 to $19, indicating a slightly less optimistic outlook.
The maintenance of an Overweight rating suggests continued confidence in Host Hotels & Resorts, but the lowered price target indicates a tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100