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Enter Symbol:
 
Starwood Hotels & Resorts Worldwide, Inc. (HOT) [hlAlert]

Rating:
Mkt Perform
HOT
down 4.90 %

Starwood Hotels & Resorts Worldwide, Inc. (HOT) downgraded to Mkt Perform by JMP Securities

Posted on: Tuesday,  Jul 22, 2008  8:25 AM ET by JMP Securities

JMP Securities rated Mkt Perform Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) on 07/22/2008. Previously JMP Securities rated Mkt Outperform Starwood Hotels & Resorts Worldwide,
Inc. (NYSE: HOT) on 07/09/2008., when the stock price was $38.11. Since then, Starwood Hotels & Resorts Worldwide, Inc. has lost 4.91% as of 07/22/2008's recent price of $36.24.
If you would have followed the previous JMP Securities's recommendation on HOT, you would have lost 4.9% of your investment in 13 days.

Starwood Hotels & Resorts Worldwide, Inc. is a hotel and leisure company. The Company?s brand names include St. Regis (luxury full-service hotels, resorts and residences), The Luxury Collection (luxury full-service hotels and resorts), W (luxury and upscale full service hotels, retreats and residences), Westin (luxury and upscale full-service hotels, resorts and residences), Le Meridien (luxury and upscale full-service hotels, resorts and residences), Sheraton (luxury and upscale full-service hotels, resorts and residences), Four Points (select-service hotels), Aloft (select-service hotels) and Element (extended stay hotels). The Company is organized into two business segments: hotels and vacation ownership, and residential operations. In November 2008, the Company and its lifestyle brand, Aloft hotels, announced the opening of Aloft Beijing, Haidian.

MP Securities' equity research department provides institutional clients with comprehensive industry knowledge, unique insight and actionable information. JMP's senior research analysts are charged with developing proprietary investment themes, anticipating secular and cyclical changes and producing action-oriented reports. JMP follows companies in six industries that exhibit above-average long-term growth characteristics — Technology, Healthcare, Consumer, Real Estate, Financial Services and Business Services — and produces specialized equity research that enables investors to understand and invest in complicated growth stocks profitably.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/22/2008 8:25 AM Hold
None
36.24
as of 12/24/2008
1 Week up  15.85 %
1 Month up  54.22 %
3 Months up  28.75 %
1 YTD down  -69.65 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/9/2008 10:25 AM Buy
None
38.11 55.00
1/9/2008 10:25 AM Buy
None
38.84 70.00
8/6/2007 11:25 AM Buy
None
59.76 80.00
7/5/2007 11:25 AM Buy
None
74.00 82.00

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