Truist Securities Maintains Hold on Pebblebrook Hotel, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Gregory Miller maintains a Hold rating on Pebblebrook Hotel (NYSE:PEB) and lowers the price target from $16 to $15.
May 30, 2024 | 1:09 pm
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Truist Securities analyst Gregory Miller maintains a Hold rating on Pebblebrook Hotel (NYSE:PEB) and lowers the price target from $16 to $15.
The lowered price target from $16 to $15 by Truist Securities suggests a less optimistic outlook for Pebblebrook Hotel's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations accordingly.
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