Wells Fargo Upgrades HOT, DRH to Outperform, Downgrades GET, HPT to Market Perform
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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
Rating Summary:
16 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Trade HOT Now!
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."
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- 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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