Janney Montgomery Scott downgrades LaSalle Hotel (LHO) to Neutral
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Janney Montgomery Scott downgrades LaSalle Hotel (NYSE: LHO) from Buy to Neutral.
LaSalle Hotel Properties is a self-managed and self-administered real estate investment trust (REIT). As of December 31, 2006, the Company owned interests in 32 hotels with approximately 9,000 rooms/suites located in 11 states and the District of Columbia.
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