Pebblebrook Hotel price target raised to $14 from $12 at Cantor Fitzgerald

Cantor Fitzgerald raised the firm’s price target on Pebblebrook Hotel (PEB) to $14 from $12 and keeps a Neutral rating on the shares. Hotel REITs finished Q4 with cautiously optimistic outlooks, with many noting that initial 2026 guidance “could be conservative,” the analyst tells investors in a research note. Luxury and upper-scale hotels outperformed lower-tier properties, though strong year-to-date sector performance and macro caution support maintaining a defensive stance, the firm says.