SunTrust analyst Patrick Scholes downgraded Ashford Hospitality Prime to Neutral and lowered his price target to $11 from $18 on shares. The analyst is of the view the sale of the company is significantly more unlikely and said the window for a sale is rapidly closing and there appears no sense of urgency by the management to make it happen. Scholes said other factors influencing his downgrade are the consistent miss in RevPAR and earnings expectations, the purchase of a high-end resort asset like the Ritz Carlton St. Thomas this late in the cycle, and the impact from the developing proxy battle.