Sessa Capital Sends Letter to Ashford Hospitality Prime Shareholders
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/26/2026
- Wall Street ends higher as tech rebounds before Nvidia results
- Oil settles down more than 3%; investors shrug off US sanctions on Iran
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- Six Flags to move headquarters from Charlotte to Arlington, Texas
- Wall Street ends higher as tech rebounds before Nvidia results
- Intuit (INTU) Tops Q4 EPS; Offers FY27 Guidance
- Oppenheimer Upgrades Capricor Therapeutics (CAPR) to Outperform 'on Approval Optimism'
- Dick's Sporting Goods (DKS) Misses Q2 EPS by 25c, Offers Guidance
FBR Capital Remains Bullish on Ashford Hospitality Prime (AHP) Following Strong 4Q Revenue Results
February 29, 2016 9:05 AM ESTFBR Capital maintained an Outperform rating on Ashford Hospitality Prime (NYSE: AHP), and cut the price target to $15.50 (from $19.00), following the company's 4Q earnings report. Revenue came in at $88.2 million, exceeding consensus of $82.0 million. Adjusted EBITDA increased to $19.1 million, but missed the consensus estimate of $21.1 million, mainly due to the incentive fee.
Analyst Bryan Maher commented, "Although Ashford Prime's 4Q15 revenue handily... More
