JPMorgan analyst increases Starwood price target

Courtesy Newsvine - business  Fri, 09/18/2009 - 08:54

Solid cost control efforts and a strong business mix will work in Starwood Hotels & Resorts Worldwide Inc.'s favor as the lodging sector starts to emerge from the pressures of the recession, a JPMorgan analyst said Friday as he raised the hotel and leisure company's price target.

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