Wells Fargo analyst Dori Kesten upgraded Xenia Hotels to Overweight from Equal Weight with a price target of $15, down from $16. The company has among the strongest 2025 EBITDA and funds from operations growth rates among peers, aided by the renovation and rebranding of the Grand Hyatt Scottsdale and Andaz Miami Beach, respectively. Xenia’s also has “secondary tailwinds” from increased takeover talk on lower rates, contends Wells.
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