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Fly News Breaks for December 18, 2018
HST
Dec 18, 2018 | 05:21 EDT
Barclays analyst Anthony Powell upgraded Host Hotels & Resorts to Overweight while lowering his price target for the shares to $22 from $23. The company's valuation discount to peers is unwarranted given its good fundamental performance in 2018, Powell tells investors in a research note. He also sees Host's portfolio improving over the long-term.