Truist analyst C. Patrick Scholes raised the firm’s price target on Host Hotels to $24 from $21 and keeps a Hold rating on the shares as part of a broader research note on Lodging and Leisure. The firm is updating its earnings estimates and making changes to its model following the sector’s Q4 earnings.
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- Host Hotels price target raised to $24 from $22 at Argus
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- Host Hotels & Resorts Provides Updated Fourth Quarter 2023 Investor Presentation
- Host Hotels sees 2024 adjusted FFO $1.92-$2.04, consensus $1.94
- Host Hotels reports Q4 adjusted FFO 44c, consensus 44c