Wells Fargo Upgrades HOT, DRH to Outperform, Downgrades GET, HPT to Market Perform

October 3, 2011 9:54 AM EDT Send to a Friend
Get Alerts HOT Hot Sheet
Price: $68.45 -0.01%

Rating Summary:
    16 Buy, 9 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 18 | New: 13
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Analysts at Wells Fargo revised investment ratings on a number of stocks in the Lodging sector Monday morning. The firm believes "valuations have largely priced in the risk of a recession that may not ultimately materialize."
  • upgraded Starwood Hotels (NYSE: HOT) from Market Perform to Outperform
  • upgraded DiamondRock (NYSE: DRH) from Market Perform to Outperform
  • downgraded Gaylord Entertainment (NYSE: GET) from Outperform to Market Perform
  • downgraded Hospitality Properties Trust (NYSE: HPT) from Outperform to Market Perform
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