Oppenheimer Downgrades Hersha Hospitality to Perform, Announces $10 Price Target
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Tyler Batory has downgraded Hersha Hospitality (NYSE:HT) from Outperform to Perform and set a price target of $10.
July 20, 2023 | 1:29 pm
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Hersha Hospitality has been downgraded by Oppenheimer from Outperform to Perform with a new price target of $10.
The downgrade from Outperform to Perform by Oppenheimer indicates a less optimistic outlook for Hersha Hospitality. The new price target of $10 may also suggest that the analyst sees limited upside potential for the stock, which could negatively impact its short-term price.
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