Wells Fargo Maintains Equal-Weight on Apple Hospitality REIT, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Dori Kesten has maintained an Equal-Weight rating on Apple Hospitality REIT (NYSE:APLE) and increased the price target from $17 to $18.
December 22, 2023 | 1:40 pm
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Wells Fargo analyst Dori Kesten has kept an Equal-Weight rating on Apple Hospitality REIT but raised the price target from $17 to $18, indicating a positive outlook on the stock.
The increase in price target by Wells Fargo suggests a positive reassessment of Apple Hospitality REIT's value, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100