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Fly News Breaks for June 15, 2017
LQ
Jun 15, 2017 | 07:38 EDT
As previously reported, Morgan Stanley upgraded La Quinta to Overweight from Equal Weight and increased its price target to $16 from $14. The analyst has a more bullish outlook for lodging demand given the stronger economy and raised La Quinta estimates, and notes shares have underperformed year-to-date.
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