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CHANGE IN RATINGS
Choice Hotels (CHH Quote) downgraded at Barclays to underweight from equal weight. The downgrade was prompted by weak lodging fundamentals and that the future economic outlook is not attractive for the co. Increased price target to $25 from $22 based on their updated DCF analysis.Checkpoint Software (CHKP Quote) downgraded at JPMorgan. Rating lowered to Neutral from Overweight. Maintains $25.50 price target. Lowers 2009 EPS estimates from $1.94 to $1.87.
Enterprise Products (EPD Quote) downgraded at Citigroup from Buy to Hold. $26 price target. Company is paying a high premium for TPP.
Starwood (HOT Quote) downgraded at Barclays to Underweight from Equal Weight. The downgrade was prompted by weak lodging fundamentals and that the future economic outlook is not attractive for the co. Increased price target to $17 from $15 based on valuation. ...
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