Host Hotels & Resorts

Bank of America has published a report on Host Hotels & Resorts (NYSE: HST) downgrading the company and lowering its price target. In the report, Bank of America wrote, "We believe best-in-class management and cont'd low interest rates are enough to maintain or preserve its premium relative to...

Hudson is out with its report today on Host Hotels & Resorts (NYSE: HST), raising its PT from $14 to $16. In a note to clients, Hudson writes, "HST remains a rock-solid story — great assets, great balance sheet, great management. Trading at 13.3x 2012 EBITDA is just too rich for our blood. We...

J.P. Morgan is raising its PT on Host Hotels & Resorts, Inc. (NYSE: HST) to $20 from $18. “Our year-end 2011 price target is $20 (up from $18), which we derive by applying a 14x multiple to our 2012E EV/EBITDA and implies a per-key value of ~$284,000, versus its current implied per-key value of...

Jefferies & Company says that with the supply side of the hotel industry's equation benign and well understood by the Street, demand trends should be the key drivers of the stocks. “From this perspective, we examine the dichotomy between the recovery in business and group demand and that of...

This morning, Goldman Sachs reports that it is updating its estimates and raising its price target for Host Hotels & Resorts, Inc. (NYSE: HST). “We are updating our estimates for Host following its 3Q 2010 results on a stronger ADR environment given our expectations for continued low supply...