Raymond James analyst RJ Milligan upgraded Pebblebrook Hotel (PEB) to Outperform from Market Perform with a $14 price target The company’s Q4 beat, better 2025 RevPAR outlook versus peers, outperformance at redeveloped assets, and an EBITDA guidance that would have been above consensus if not for the Los Angeles fires, point to an improving fundamental backdrop for the industry and Pebblebrook’s portfolio in particular, the analyst tells investors in a research note. The firm sees an attractive entry point with the shares down 13% year-to-date.
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 sees FY25 adjusted FFO $1.50-$1.62, consensus $1.58
- Pebblebrook Hotel reports Q4 revenue $337.6M, consensus $330.16M
- Pebblebrook Hotel reports Q4 adjusted FFO 20c, consensus 12c
- PEB Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Pebblebrook Hotel price target lowered to $13 from $16 at Wells Fargo
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue