Wells Fargo Maintains Overweight on Apple Hospitality REIT, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Dori Kesten has maintained an Overweight rating on Apple Hospitality REIT (NYSE:APLE) and increased the price target from $17 to $18.
November 13, 2023 | 2:58 pm
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Wells Fargo analyst Dori Kesten has reaffirmed an Overweight rating on Apple Hospitality REIT and raised the price target to $18.
The increase in price target by a reputable analyst typically signals a positive outlook on the stock, suggesting potential upside. This can lead to increased investor confidence and a possible short-term rise in the stock price.
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