UPDATE: UBS Upgrades Starwood On 'Favorable' Fundamental Outlook

In a report published Friday, UBS analyst Robin Farley upgraded Starwood Hotels & Resorts Worldwide (NYSE: HOT ) from Neutral to Buy and raised the price target from $75.00 to $85.00. Farley noted that Starwood has a "favorable" fundamental outlook, especially following investor reactions to lack of share buybacks since