Keefe, Bruyette & Woods Upgrades Hospitality Properties Trust (HPT) to Outperform

October 1, 2009 7:35 AM EDT

Keefe, Bruyette & Woods upgrades Hospitality Properties Trust (NYSE: HPT) from Market Perform to Outperform. Price target increased to $26.

Keefe analyst says, "We calculate total return could be more than 30% from current levels including a dividend payment in 2010. Shares trade at a 25% valuation discount to the group versus 5% historically and we would expect this differential to narrow."

To see more analyst ratings on HPT Click Here.


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