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Hospitality Properties Trust (HPT) Misses Q3 FFO by 2c

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FBR Capital Upgrades Hospitality Properties Trust (HPT) to Outperform Following Sell-Off

November 11, 2016 8:02 AM EST

FBR Capital upgraded Hospitality Properties Trust (NASDAQ: HPT) from Market Perform to Outperform with a price target of $33.00 (from $32.00).

Analyst Bryan Maher commented, "HPT continues to outperform its peers with 3Q16 comparable hotel RevPAR up 3.8% versus the industry at 3.3%. In addition, HPT continues to source attractive acquisition... More