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Fly News Breaks for November 17, 2015
HOT
Nov 17, 2015 | 07:58 EDT
CLSA downgraded Starwood (HOT) to Outperform following the acquisition offer by Marriott (MAR) for approximately $76 per share. Analyst Jon Oh said the offer is "underwhelming" and believes investors should hold out for a better offer. Oh lowered his price target on Starwood to $80 from $96 on shares.
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