Based on the technical analysis and recent news, here's the prediction for HST's next trading week:
Technical Analysis:
News Impact:
Price Prediction for Next Week: Target Range: $16.14 - $17.26 Most Likely Scenario: Stock will test support at $16.14 before potential bounce
Trading Action: SELL Rationale:
Best entry point for short positions: Current levels with stop loss above $17.26
The price of HST is predicted to go up 0.73%, based on the high correlation periods with UGI. The similarity of these two price pattern on the periods is 96.42%.
HST
UGI
An economic recovery should provide strong revenue and EBITDA growth for Host's portfolio.
With Marriott's acquisition of Starwood, Host has substantial exposure to the largest and arguably strongest hotel platform, which we believe will continue to strengthen and help support demand for Host's properties.
Low leverage gives Host greater financial flexibility to be opportunistic with new investments or return more capital to shareholders through dividend growth or share buybacks.
Wells Fargo
2024-11-26
Price Target
$19 → $21
Upside
+14.69%
Compass Point
2024-10-17
Price Target
$22
Upside
+21.95%