Wells Fargo Maintains Equal-Weight on Hersha Hospitality, Raises Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Dori Kesten maintains an Equal-Weight rating on Hersha Hospitality (NYSE:HT) and raises the price target from $6.5 to $7.
July 12, 2023 | 1:57 pm
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POSITIVE IMPACT
Wells Fargo maintains an Equal-Weight rating on Hersha Hospitality and raises the price target from $6.5 to $7. This could potentially lead to a positive market reaction.
The raised price target by Wells Fargo indicates a positive outlook for Hersha Hospitality. This could potentially lead to an increase in the stock price in the short term as it signals the analyst's confidence in the company's performance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100