Sunstone Hotel Investors Receives Consensus Hold Recommendation
Sunstone Hotel Investors has been assigned a consensus “Hold” by eight covering brokerages after recent research updates. Wells Fargo upgraded it to strong-buy, and Citigroup raised its price target to $10.00. The REIT also reported $0.14 EPS for the quarter, beating the $0.08 consensus estimate, and noted insider and institutional shareholdings.