Jefferies analyst David Katz downgraded Hersha Hospitality to Hold from Buy after Hersha agreed to be acquired and taken private by KSL Partners for $10 per share in cash.
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- Hersha Hospitality price target raised to $10 from $7 at Baird
- BMO ‘cannot entirely rule out another’ Hersha Hospitality bid, ups target to $10
- Hersha Hospitality downgraded to Hold from Buy at Stifel
- Hersha Hospitality upgraded to Equal Weight from Underweight at Barclays
- Hersha Hospitality price target raised to $10 from $8 at Deutsche Bank
