Barclays Upgrades Hersha Hospitality to Equal-Weight, Raises Price Target to $10
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst Anthony Powell has upgraded Hersha Hospitality (NYSE:HT) from Underweight to Equal-Weight and raised the price target from $8 to $10.
August 29, 2023 | 8:44 am
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Hersha Hospitality has been upgraded by Barclays from Underweight to Equal-Weight, with a price target increase from $8 to $10.
The upgrade from Barclays indicates a more positive outlook for Hersha Hospitality. The increase in price target from $8 to $10 suggests that the analyst believes the stock has potential for growth in the short term. This could lead to increased investor interest and potentially a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100