Baird Initiates Coverage on Hospitality Properties Trust (HPT) with an Outperform

June 29, 2009 8:54 AM EDT

Baird initiates coverage on Hospitality Properties Trust (NYSE: HPT) with an Outperform. Price target $16.

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Hospitality Properties Trust (HPT) is a real estate investment trust (REIT). As of December 31, 2008, HPT, directly and through subsidiaries, owned 289 hotels and 185 travel centers.


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