Barclays said it is downgrading CHH TO Underweight from Equal Weight. The downgrade was prompted by weak lodging fundamentals and that the future economic outlook is not attractive for the co. Increased price target to $25 from $22 based on their updated DCF analysis.

CHKP downgraded at JP Morgan. Rating lowered to Neutral from Overweight. Maintains $25.50 price target. Lowers 2009 EPS estimates from $1.94 to $1.87.

EPD was downgraded from Buy to Hold, Citigroup said. $26 price target. Company is paying a high premium for TPP.

Barclays said it is downgrading HOT to Underweight from Equal Weight. The downgrade was prompted by weak lodging fundamentals and that the future economic outlook is not attractive for the co. Increased price target to $17 from $15 based on valuation.

Barclays downgraded MAR to Underweight from Equal Weight. The downgrade was prompted by weak lodging fundamentals and that the future economic outlook is not attractive for the co. Lowered price target to $14 from $15.