Goldman Sachs Downgrades Choice Hotels (CHH) to Neutral

May 6, 2009 8:53 AM EDT
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Price: $117.91 +1.00%

Rating Summary:
    1 Buy, 15 Hold, 6 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 11 | Down: 8 | New: 16
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Goldman Sachs downgrades Choice Hotels International Inc. (NYSE: CHH) from Buy to Neutral with a $32 price target.

Choice Hotels International, Inc. operates as a hotel franchisor worldwide. The company franchises lodging properties under the brand names of Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, Cambria Suites, and Ascend Collection.

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