Zacks Investment Research downgraded shares of HOME INNS&HOTEL (HMIN) from NEUTRAL to UNDERPERFORM on February 28, 2012, with a target price of $29.40.
Home Inns & Hotels Management Inc. is a leading economy hotel chain in China based on the number of hotels and hotel rooms, as well as the geographic coverage of the hotel chain. Since Home Inns commenced operations, it has become one of the best-known economy hotel brands in China. Home Inns offers a consistent product and high-quality services to primarily serve the fast growing population of value-conscious individual business and leisure travellers who demand clean, comfortable and convenient lodging.
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