Stifel analyst Simon Yarmak raised the firm’s price target on Pebblebrook Hotel (PEB) to $16.25 from $15 and keeps a Buy rating on the shares. The firm is maintaining its 2024 and 2025 FFO estimates and trimming its 2026 FFO per share estimate to $1.76 from $1.77, the analyst noted.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PEB:
- Pebblebrook Hotel price target raised to $14 from $13 at Wells Fargo
- Pebblebrook Hotel upgraded to Buy from Hold at Stifel
- Ulta Beauty downgraded, Palo Alto upgraded: Wall Street’s top analyst calls
- Pebblebrook Hotel upgraded to Buy at Compass Point following underperformance
- Pebblebrook Hotel upgraded to Buy from Neutral at Compass Point