Truist Securities Reiterates Hold on Pebblebrook Hotel, Maintains $16 Price Target
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Patrick Scholes has reiterated a 'Hold' rating on Pebblebrook Hotel (NYSE:PEB) and maintained a price target of $16.
July 10, 2023 | 12:03 pm
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Truist Securities has reiterated a 'Hold' rating on Pebblebrook Hotel and maintained a price target of $16.
The news is directly about Pebblebrook Hotel and its stock rating by Truist Securities. The 'Hold' rating suggests that the analyst believes the stock is fairly valued at its current price, indicating no significant short-term price movement. The maintained price target of $16 also suggests that the analyst does not foresee any major changes in the stock's value in the near future.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100