Truist analyst C. Patrick Scholes raised the firm’s price target on Pebblebrook Hotel (PEB) to $12 from $11 and keeps a Hold rating on the shares. The REIT is potentially one of the best storylines of Lodging REIT coverage in 2026 in part from San Francisco continued recovery, easy comps, 2026 one-time events and disposition activity reducing headline leverage, the analyst tells investors in a research note.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PEB: