Baird lowered the firm’s price target on Pebblebrook Hotel (PEB) to $14 from $15 and keeps a Neutral rating on the shares. The firm said the company provided a financial update quantifying the impacts of Hurricane Helene and Hurricane Milton, and Baird’s for 3Q24, 4Q24, and 1Q25 estimates are coming down, primarily due to disruption at LaPlaya.
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Read More on PEB:
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