Wells Fargo Maintains Equal-Weight on Pebblebrook Hotel, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Dori Kesten has maintained an Equal-Weight rating on Pebblebrook Hotel Trust (NYSE:PEB) and increased the price target from $14 to $16.
December 22, 2023 | 1:46 pm
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Wells Fargo analyst Dori Kesten maintained an Equal-Weight rating on Pebblebrook Hotel Trust and raised the price target from $14 to $16.
The increase in price target by Wells Fargo suggests a positive outlook on the stock's value, which could lead to a short-term increase in investor confidence and potentially drive the stock price up.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100