UPDATE: ISI Group Downgrades LaSalle Hotel Properties to Neutral, Reiterates $30 PT
Posted on January 16, 2013 at 13:26 PM EST
In a report published Wednesday, ISI Group downgraded its rating on LaSalle Hotel Properties (NYSE: LHO ) from Buy to Neutral, and reiterated its $30.00 price target. ISI Group noted, “As we noted in our recent '13 outlook, we have found that over the last 20 years, lodging stocks work