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Fly News Breaks for April 12, 2018
INN
Apr 12, 2018 | 08:45 EDT
As previously reported, BofA/Merrill analyst Shaun Kelley upgraded Summit Hotel Properties to Buy from Neutral y on relative valuation, its potential to outperform peers on the top-line in an accelerating RevPAR environment, and lower relative cost pressure given a lower proportion of labor costs. The analyst also raised his price target to $15.50 from $15
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