Truist Securities Maintains Hold on Pebblebrook Hotel, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Pebblebrook Hotel (NYSE:PEB) but lowered the price target from $15 to $14.
October 28, 2024 | 1:30 pm
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Truist Securities has maintained a Hold rating on Pebblebrook Hotel and reduced the price target from $15 to $14, indicating a cautious outlook.
The lowering of the price target from $15 to $14 by Truist Securities suggests a less optimistic view on Pebblebrook Hotel's near-term performance, which could lead to a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100