B. Riley analyst Bryan Maher downgraded Hersha Hospitality Trust to Neutral from Buy with a price target of $10, up from $9, after the company agreed to be acquired and taken private by KSL Partners for $10 per share in cash.
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Read More on HT:
- Hersha Hospitality downgraded to Hold from Buy at Jefferies
- 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
