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Fly News Breaks for August 5, 2015
INN
Aug 5, 2015 | 07:45 EDT
Canaccord said the weakness in Summit Hotel Properties is a buying opportunity, citing Q2 results it views as solid and the company's increased guidance. Canaccord believes concerns that RevPar growth will decelerate in Q3 are unwarranted and reiterated its Buy rating and $16 price target on Summit Hotel Properties shares.
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