Stifel lowered the firm’s price target on Chatham Lodging (CLDT) to $9.50 from $11 and keeps a Buy rating on the shares. The firm is taking down Q2 estimates to reflect weaker current trends, adding that its second half estimates could change as the year progresses given the current uncertainty.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CLDT:
- Ex-Dividend Date Nearing for These 10 Stocks – Week of March 31, 2025
- Chatham Lodging Trustee Robert Perlmutter Announces Retirement
- Chatham Lodging raises quarterly dividend to 9c, declares preferred dividend
- Chatham Lodging Trust Reports Strong Q4 Earnings
- Chatham Lodging Trust Reports Strong Q4 2024 Results