Alliance Global raised the firm’s price target on Chatham Lodging (CLDT) to $10 from $8.50 and keeps a Buy rating on the shares after the company announced an acquisition of a portfolio of six Hilton Brand hotels for $92M and an 11% common dividend increase.
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Read More on CLDT:
- Chatham Lodging price target raised to $10 from $8.75 at Stifel
- Chatham Lodging raises quarterly dividend 11% to 10c per share
- Chatham Lodging price target raised to $8.75 from $8.50 at Stifel
- Chatham Lodging reports Q4 AFFO 21c, consensus 16c
- Chatham Lodging sees FY26 AFFO $1.04-$1.14, consensus $1.00