Wells Fargo Maintains Overweight on Apple Hospitality REIT, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Dori Kesten has maintained an Overweight rating on Apple Hospitality REIT (NYSE:APLE) and raised the price target from $17 to $18.
July 12, 2023 | 12:10 pm
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Apple Hospitality REIT's price target has been raised from $17 to $18 by Wells Fargo, which maintains an Overweight rating on the stock.
The raised price target indicates that the analyst sees potential for the stock's price to increase. This could lead to positive sentiment among investors, potentially driving the stock price up in the short term.
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IMPORTANCE 80
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