UPDATE: Bank of America Merrill Lynch Upgrades Starwood Hotels & Results on Strong Upside Potential
May 23, 2013 at 10:02 AM EDT
In a report published on Wednesday, Bank of America Merrill Lynch analyst Shaun C. Kelley Upgraded Starwood Hotels & Results (NYSE: HOT ) from Neutral to Buy and raised the price target from $70 to $84. In the report, Bank of America Merrill Lynch stated, "We upgrade HOT to Buy