Morgan Stanley Maintains Underweight on Pebblebrook Hotel, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Grambling maintains an Underweight rating on Pebblebrook Hotel (NYSE:PEB) and lowers the price target from $13 to $12.
June 27, 2023 | 12:45 pm
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Morgan Stanley maintains an Underweight rating on Pebblebrook Hotel (NYSE:PEB) and lowers the price target from $13 to $12.
The lowered price target by Morgan Stanley's analyst indicates a bearish outlook on Pebblebrook Hotel's stock. This could lead to a negative short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100