Wells Fargo Maintains Equal-Weight on Pebblebrook Hotel, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Dori Kesten maintains an Equal-Weight rating on Pebblebrook Hotel (NYSE:PEB) and raises the price target from $14.5 to $15.
July 12, 2023 | 2:01 pm
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Wells Fargo maintains an Equal-Weight rating on Pebblebrook Hotel and raises the price target from $14.5 to $15.
The news is directly related to Pebblebrook Hotel (PEB). Wells Fargo's decision to maintain an Equal-Weight rating indicates a neutral outlook for the stock. However, the increase in the price target from $14.5 to $15 suggests a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100