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Sunstone Hotel Investors, Inc. (SHO) [hlAlert]

up 11.14 %

Sunstone Hotel Investors, Inc. (SHO) rated Outperform by Raymond James

Posted on: Wednesday,  Dec 4, 2013  8:25 AM ET by Raymond James

Raymond James rated Outperform Sunstone Hotel Investors, Inc. (NYSE: SHO) on 12/04/2013, when the stock price was $12.56.
Since then, Sunstone Hotel Investors, Inc. has gained 11.15% as of 01/07/2016's recent price of $13.96.
If you would have followed this Raymond James's recommendation on SHO, you would have gained 11.14% of your investment in 764 days.

Sunstone Hotel Investors, Inc.through its 100% controlling interest in Sunstone Hotel Partnership, LLC, (Operating Partnership) including Sunstone Hotel TRS Lessee, Inc. (TRS Lessee) and its subsidiaries, is engaged in acquiring, owning, asset managing, renovating and selling hotel properties. Its primary business is to acquire, own, asset manage, renovate and sell luxury, upper upscale and upscale full-service hotels in the United States. Its hotels are operated under the brand names, such as Marriott, Hyatt, Fairmont, Hilton and Starwood. As of December 31, 2008, the Company owns 43 hotels, comprised of 14,569 rooms, located in 14 states and in Washington, D.C. Its portfolio also includes luxury and midscale hotels. On May 30, 2008, it sold the Hyatt Regency Century Plaza. On December 10, 2008, the Company sold Crowne Plaza in Grand Rapids, Michigan.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/4/2013 8:25 AM Buy
as of 12/13/2013
1 Week down  -3.56 %
1 Month up  1.35 %
3 Months   
1 YTD up  1.35 %

(*) Stock Price at the time of the recommendation.
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