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Fly News Breaks for February 20, 2019
HST
Feb 20, 2019 | 08:39 EDT
Stifel analyst Simon Yarmak said he expects shares of Host Hotels & Resorts to outperform today following the company's Q4 beat and 2019 adjusted EBITDA guidance that topped consensus expectations. The stock is trading at the second lowest multiple in the lodging REIT sector and Host's balance sheet is in "the best position in its history," added Yarmak, who keeps a Buy rating and $23 price target on Host Hotels shares.
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