Baird Maintains Neutral on Pebblebrook Hotel, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Michael Bellisario has maintained a Neutral rating on Pebblebrook Hotel (NYSE:PEB) while lowering the price target from $15 to $14.
October 31, 2024 | 12:14 pm
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Baird analyst Michael Bellisario has maintained a Neutral rating on Pebblebrook Hotel (NYSE:PEB) and lowered the price target from $15 to $14, indicating a slightly less optimistic outlook.
The lowering of the price target from $15 to $14 by Baird suggests a slightly less optimistic view on Pebblebrook Hotel's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations.
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