BMO Capital lowered the firm’s price target on Pebblebrook Hotel (PEB) to $10 from $11 and keeps a Market Perform rating on the shares. The firm made changes to its models for a number of REITs due to interest rate changes, recent results, and/or discussions with company management.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PEB:
- Pebblebrook Hotel Shareholders Approve Equity Plan Amendment
- Pebblebrook Hotel price target lowered to $9 from $12 at Wedbush
- Pebblebrook Hotel Trust Reports Q1 2025 Earnings
- Pebblebrook Hotel’s Mixed Earnings Call: Strong Q1, Cautious Outlook
- Hold Rating for Pebblebrook Hotel Amid Mixed Q1 Performance and Uncertain Economic Outlook