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Fly News Breaks for July 31, 2015
CHH
Jul 31, 2015 | 07:04 EDT
As previously reported, Credit Suisse downgraded Choice Hotels to Underperform from Neutral and lowered its price target to $54 from $56. The firm downgraded shares to reflect full valuation, limited net franchise growth, a slightly reduced RevPAR outlook, SkyTouch losses, and competition.
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