Service Properties price target lowered to $4 from $5 at Wells Fargo

Wells Fargo analyst Dori Kesten lowered the firm’s price target on Service Properties to $4 from $5 and keeps an Underweight rating on the shares. Heading into the fall, investor sentiment for the lodging real estate investment trusts remains negative, the analyst tells investors in a research note. The firm says consumer headlines remain a greater concern than earnings risk.