Xenia Hotels price target raised to $14 from $13 at Jefferies

Jefferies raised the firm’s price target on Xenia Hotels to $14 from $13 and keeps a Hold rating on the shares. The firm says its updated view on lodging C-corps and real estate investment trusts is tempered by the mix of economic outlooks affecting fundamentals, although it believes the recent change in the interest rate outlook supports higher valuations.