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Fly News Breaks for January 8, 2016
SHO
Jan 8, 2016 | 07:46 EDT
Raymond James analyst William Crow upgraded Sunstone Hotel to Outperform and established a $15 price target on shares. Crow said the sale of the DoubleTree Times Square for $115M is a game changer as it halves exposure to the difficult Manhattan market and provides a boost to 2016 RevPAR growth.
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