Barclays Upgrades Pebblebrook Hotel Trust to Equal-Weight, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Barclays has upgraded Pebblebrook Hotel Trust to an Equal-Weight rating and increased its price target to $15.
June 22, 2020 | 9:58 am
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Barclays has upgraded Pebblebrook Hotel Trust to an Equal-Weight rating and increased its price target to $15, indicating a more favorable outlook.
The upgrade by Barclays to an Equal-Weight rating and the increase in price target to $15 suggests a more positive outlook for Pebblebrook Hotel Trust. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100