Janney Montgomery Scott Upgrades Chesapeake Lodging Trust (CHSP) to Buy

September 27, 2017 5:45 AM EDT
Get Alerts CHSP Hot Sheet
Price: $27.17 --0%

Rating Summary:
    1 Buy, 7 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 3
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Janney Montgomery Scott upgraded Chesapeake Lodging Trust (NYSE: CHSP) from Neutral to Buy with a price target of $32.00 (from $25.00).

Analyst Tyler Batory says the current valuation fails to reflect the improving outlook for the business noting estimates from the Street are too conservative.

For an analyst ratings summary and ratings history on Chesapeake Lodging Trust click here. For more ratings news on Chesapeake Lodging Trust click here.

Shares of Chesapeake Lodging Trust closed at $26.36 yesterday.



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Janney Montgomery Scott