Morgan Stanley Maintains Underweight on Pebblebrook Hotel, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Grambling maintains an Underweight rating on Pebblebrook Hotel (NYSE:PEB) and raises the price target from $11 to $12.
October 16, 2023 | 1:11 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Morgan Stanley maintains an Underweight rating on Pebblebrook Hotel and raises the price target from $11 to $12.
The news is directly related to Pebblebrook Hotel. Morgan Stanley's decision to maintain an Underweight rating indicates a bearish outlook, but the increase in price target from $11 to $12 suggests a slightly positive adjustment in valuation. The impact on the stock price in the short term is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100