Zacks: Sell Host Marriott Now

Host Marriott Corp. has been targeted by Zacks & Co. as a strong sell based on the fact that the company's earnings estimates for this year and next remain at reduced levels from months ago.HMT pointed out that the War in Iraq and the weak economy continue to put pressure on the hotels industry. "Although the fourth quarter saw comparative funds from operations and total revenue advance from the year-earlier period, HMT made it clear that the above-mentioned factors make a recovery for hotels very difficult," Zacks said.

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