RBC Capital Downgrades Strategic Hotels & Resorts (BEE) to Underperform

December 1, 2008 11:12 AM EST

RBC Capital downgrades Strategic Hotels & Resorts, Inc. (NYSE: BEE) from Sector Perform to Underperform with a $1 price target.

Strategic Hotel Capital, Inc., a self-administered and self-managed real estate investment trust (REIT), engages in the ownership and asset management of upper upscale and luxury hotels in North America and Europe.


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