Stifel Nicolaus Downgrades Host Hotels (HST), Marriott (MAR) to Hold

Stifel Nicolaus downgrades Host Hotels & Resorts (NYSE: HST) and Marriott International (NYSE: MAR) from Buy to Hold.

The two downgrades follow earnings out of Marriott yesterday morning and Host Hotels last night after the close.

Shares of Marriott jumped more than 12% yesterday and are flat today. Meanwhile, Host Hotels, which also priced 66 million shares at $6.60 this morning, is up 8% today and up more than 25% in the last 2 days of trading.

Given the momentum surrounding the stock, Marriott has seen analyst calls from at least three other firms today. To see all the upgrades/downgrades on the stock click here or goto http://www.streetinsider.com/stock_lookup_news.php?q=mar&type=analyst.

For all the analyst action on Host Hotels, visit our Analyst Ratings page specifically for the stock.

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