RBC Raises Pebblebrook Hotel Trust Target

RBC Raises Pebblebrook Hotel Trust Target

Pebblebrook Hotel Trust shares were barely higher Monday morning after RBC Capital analysts raised their price target to $35 from $33 per share while reiterating an outperform rating on the stock. The broker also said it revised its FY funds from operations estimates on the real estate investment trust to reflect the sale of a parking garage at the Revere Hotel in Boston for $95 million, equal to an EBITDA […]

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