JPMorgan Says Sell Several Hotel Stocks After Recent Outperformance
November 16, 2017 at 13:55 PM EST
JPMorgan analyst Joseph Greff downgraded Chesapeake Lodging Trust, Sunstone Hotel and LaSalle Hotel to Underweight, a sell-equivalent rating, pointing to recent outperformance, valuation, and fundamentals and outlooks that he still sees as soft.