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REITs have historically benefitted greatly from rate cuts, typically outperforming the market during a recession and performing similarly to the S&P when there is no recession.
InvestorPlace provides stock market news, stock advice, and trading tips, emphasizing the generally dependable nature of REIT stocks despite their lack of excitement.
Evercore ISI raised Park Hotels Resorts shares from an in-line rating to an outperform rating in a research note released on Wednesday morning, according to MarketBeat.com.
Park Hotels & Resorts has been upgraded to an Outperform rating by Evercore ISI. Read More »
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