Piper Sandler analyst Alexander Goldfarb raised the firm’s price target on Sotherly Hotels to $2.25 from $2 and keeps a Neutral rating on the shares. The Q2 miss was driven by lower revenue, the analyst tells investors in a research note.
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- Sotherly Hotels reports Q2 occupancy 70.6%
- Sotherly Hotels Inc. Reports Preliminary Operating Results For The Second Quarter Ended June 30, 2023
