FBR Capital Upgrades Hersha Hospitality Trust (HT) to Outperform

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BofA/Merrill Lynch Upgrades Hersha Hospitality Trust (HT) to Buy

February 17, 2016 11:01 AM EST

BofA/Merrill Lynch upgraded Hersha Hospitality Trust (NYSE: HT) from Neutral to Buy with a price target of $21.00.

For an analyst ratings summary and ratings history on Hersha Hospitality Trust click here. For more ratings news on Hersha Hospitality Trust click here.

Shares of Hersha Hospitality Trust closed at $18.92 yesterday.

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Hersha Hospitality Trust (HT) Tops Q4 FFO by 3c

February 16, 2016 5:02 PM EST

Hersha Hospitality Trust (NYSE: HT) reported Q4 FFO of $0.67, $0.03 better than the analyst estimate of $0.64. Revenue for the quarter came in at $123.1 million versus the consensus estimate of $123.15 million.

GUIDANCE:

Hersha Hospitality Trust sees FY2016 FFO of $2.79-$3.00, versus the... More