Starwood Hotels & Resorts

In a report published on Wednesday, Morgan Stanley analyst Thomas Allen upgraded Starwood Hotels & Resorts (NYSE: HOT) from Equal-weight to Overweight and set a price target of $79. In the report, Morgan Stanley noted that there are, "3 reasons HOT can outperform. 1) Its asset ownership /...

In a report published on Wednesday, Bank of America Merrill Lynch analyst Shaun C. Kelley Upgraded Starwood Hotels & Results (NYSE: HOT) from Neutral to Buy and raised the price target from $70 to $84. In the report, Bank of America Merrill Lynch stated, "We upgrade HOT to Buy given: 1) a...

“We believe we could see outperformance by Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT), Host Hotels & Resorts Inc. (NYSE: HST) and LaSalle Hotel Properties (NYSE: LHO) given their strong higher end portfolios and concentration in urban gateway markets which have outperformed in...

Vail Resorts (NYSE: MTN) is set to report third-quarter fiscal 2011 results Thursday, June 9, after the markets close. In the past four quarters the stock saw a bump of about 3% following earnings; will the streak continue? Analysts are looking for the resorts operator to report that earnings grew...

Goldman Sachs is out with its report on Starwood Hotels & Resorts (NYSE: HOT), maintaining Buy. In a note to clients, Goldman Sachs writes, "We continue to rate shares of Starwood a Buy and remain bullish on the overall lodging cycle. While we believe that hotel shares may take a pause in the...

JP Morgan has published a research report on Starwood Hotels & Resorts (NYSE: HOT) after the company reported a solid 4Q with positive outlook for 2011. In the report, JP Morgan writes "This morning HOT reported better-than-expected 4Q10 results and provided slightly better than expected...

Goldman Sachs has published a research report on Starwood Hotels & Resorts (NYSE: HOT) as the company reported yet another strong quarter. In the report, Goldman writes "Starwood Hotels reported 4Q10 EPS of $0.52 vs. our estimate of $0.40 and consensus of $0.39. Revenues (excluding cost...

J.P. Morgan is raising its PT on Starwood Hotels & Resorts (NYSE: HOT) to $71 from $66. “Our year-end 2011 price target, which we derive by using a blended net asset value/sum-of-the-parts approach,” J.P. Morgan writes. “We value HOT's owned hotels at ~$330,000 per key (up from ~$317,500 per...

Goldman Sachs is raising its PT on Starwood Hotels & Resorts (NYSE: HOT) from $64 to $70. “Starwood held a well-attended investor day where management was bullish on the current hotel cycle as well as the company's prospects for the next three years,” Goldman Sachs writes. “Starwood remains our...

For 2011, Jefferies is increasing its EBITDA est. on Starwood Hotels & Resorts (NYSE: HOT) to $1,036 million from $1,034 million and its 2012 est. goes to $1,175 from $1,170 million. “Our EPS estimates for 2011 and 2012 go to $1.92 and $2.51 which is up from $1.74 and $2.32,” Jefferies writes...

JP Morgan has published a research report on Starwood Hotels & Resorts Worldwide (NYSE: HOT) after attending the company's investor day. In the report, JP Morgan writes "The general takeaways are as follows: 1) Starwood has a lot of exposure to emerging markets (China, Asia Pacific overall,...

Jefferies & Co. has raised the price target on Starwood Hotels & Resorts (NYSE: HOT) from $66 to $70.

Starwood Hotels & Resorts' (NYSE: HOT) business bears a key benefit of asset ownership which should result in outperformance relative to fee-based businesses in the near term, Jefferies & Company reports. “In addition to the incrementally greater operating leverage, we believe the...