Zacks Investment Research downgraded shares of SUMMIT HOTEL PR (INN) from NEUTRAL to UNDERPERFORM on October 15, 2012, with a target price of $7.70.
Summit Hotel Properties, Inc. is a real estate investment trust engaged in the business of acquiring, developing, financing, and operating limited/select-service and upscale hotels in America. Most of the trust's properties are branded within Marriott, Hilton, Hyatt, and Intercontinental franchises and their brands. Summit Hotel Properties, Inc. is based in Sioux Falls, South Dakota, U.S.A.
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