UPDATE: Morgan Stanley Downgrades Host Hotels (HST) to Underweight

(updated to add analyst comments)

Morgan Stanley analyst Thomas Allen downgraded Host Hotels (NYSE: HST) from Equalweight to Underweight with a price target of $16.00 (from $21.00).

The analyst comments "We expect corporate revenue weakness in '19, which should lead Lodging stocks to miss expectations. In contrast, we see consumption growth remaining steady, helped by a 26% rise in tax refunds, which should drive US Gaming stocks to beat."

For an analyst ratings summary and ratings history on Host Hotels click here. For more ratings news on Host Hotels click here.

Shares of Host Hotels closed at $17.22 yesterday.

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