Macquarie Downgrades Starwood Hotels & Resorts (HOT) to Neutral

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Go back to Macquarie Downgrades Starwood Hotels & Resorts (HOT) to Neutral

UPDATE: Canaccord Genuity Cuts Starwood Hotels & Resorts (HOT) to 'Hold' as Analyst Sees Less Upside

May 4, 2016 6:48 AM EDT

(Updated - May 4, 2016 10:07 AM EDT)

Canaccord Genuity downgraded Starwood Hotels & Resorts (NYSE: HOT) from Buy to Hold with a price target of $86.00 (from $88.00). Analyst Ryan Meliker said he doesn't see enough upside to recommend the stock.

"We dont see any... More

Starwood Hotels (HOT) Tops Q1 EPS by 12c, Offers Guidance

May 3, 2016 7:40 AM EDT

Starwood Hotels (NYSE: HOT) reported Q1 EPS of $0.70, $0.12 better than the analyst estimate of $0.58. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.34 billion.

GUIDANCE:

Starwood Hotels sees Q2 2016 EPS of $0.69-$0.74, versus the consensus of... More