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INN

Summit Hotel Properties

$13.64

0.23 (1.72%)

08:45
04/12/18
04/12
08:45
04/12/18
08:45

Summit Hotel Properties upgraded to Buy from Underperform at BofA/Merrill

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

  • 03

    May

  • 17

    May

INN Summit Hotel Properties
$13.64

0.23 (1.72%)

09/26/17
KEYB
09/26/17
UPGRADE
Target $17
KEYB
Overweight
Summit Hotel Properties upgraded to Overweight from Sector Weight at KeyBanc
KeyBanc analyst Austin Wurschmidt upgraded Summit Hotel Properties to Overweight saying the recent pullback in shares provides an attractive entry point. The analyst expects Summit to get back to meeting/exceeding expectations in the second half of 2017 after the miss in Q2. He has a $17 price target for the shares.
10/30/17
RAJA
10/30/17
UPGRADE
Target $17.5
RAJA
Outperform
Summit Hotel Properties upgraded to Outperform at Raymond James
Raymond James analyst Bill Crow upgraded Summit Hotel Properties to Outperform from Market Perform and established a $17.50 price target. The analyst believes Summit's portfolio is positioned to outperform peers in 2H17 and 2018, believes valuation provides room for outperformance, and said the company assembled a portfolio of newer, largely differentiated/unique properties that have largely sidestepped supply pressures.
11/20/17
JANY
11/20/17
DOWNGRADE
JANY
Neutral
Summit Hotel Properties downgraded to Neutral from Buy at Janney Capital
12/14/17
STFL
12/14/17
NO CHANGE
STFL
Stifel cautious on Lodging REITs in 2018 with cycle seen near end
Stifel analyst Simon Yarmak is recommending being underweight Lodging REITs in 2018 citing his belief the lodging cycle is reaching the end and that several major REIT markets face supply issues. While cautious on the sector, he identifies DiamondRock Hospitality (DRH) as his top pick for those who want to participate in the space.

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XLE

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GLD

SPDR Gold Trust

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1.01 (0.91%)

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GDOT

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  • 25

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SMSI

Smith Micro

$2.49

-0.01 (-0.40%)

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NDRA

ENDRA Life Sciences

$2.70

0.2 (8.00%)

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