Wells Fargo raised the firm’s price target on Host Hotels (HST) to $21 from $19 and keeps an Overweight rating on the shares. The firm notes TRevPAR growth is expected to outpace RevPAR in 2025, and op ex growth is expected to increase slightly year-over-year. Wells’ assumptions surrounding Maui’s recovery are conservative, although festive season trends are positive.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HST: