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Fly News Breaks for April 6, 2015
FCH
Apr 6, 2015 | 08:11 EDT
After meeting with management, FBR Capital says it still believes Felcor Lodging (FCH) has "several catalysts" to drive the stock higher. Catalysts include redeeming preferred shares, refinancing senior notes and the potential sale of the two Morgans hotels in NYC, FBR notes. The firm raised its price target for Felcor to $15 from $14 and keeps an Outperform rating on the name.
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