BofA analyst Dany Asad downgraded Apple Hospitality REIT (APLE) to Neutral from Buy with a price target of $11, down from $15.
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Read More on APLE:
- Hold Rating on Apple Hospitality REIT Amid Mixed Guidance and External Pressures
- Apple Hospitality REIT sees FY25 adjusted EBITDAre $435M-$444M
- Apple Hospitality REIT reports Q3 FFO 42c, consensus 40c
- APLE Upcoming Earnings Report: What to Expect?
- Apple Hospitality REIT price target lowered to $13 from $14 at Baird