Zacks Investment Research upgraded shares of LASALLE HTL PRP (LHO) from NEUTRAL to OUTPERFORM on October 11, 2013, with a target price of $30.50.
Lasalle Hotel Properties, which intends to operate as a real estate investment trust for federal income tax purposes, has been formed to own hotel properties and to continue and expand the hotel investment activities of LaSalle Partners Incorporated and certain of its affiliates collectively, LaSalle. LaSalle is an institutionally respected real estate services and investment firm which has extensive experience in the acquisition, investment management, finance, development and disposition of hotel properties.
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