Hersha Hospitality Trust (HT) Reports In-Line Q2 FFO, Offers Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- US futures fall on tech selloff as concerns about hawkish Fed, AI spending mount
- SpaceX extends losses after $600 billion wipeout, tech stocks slide again
- Oil steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
FBR Capital Cuts Price Target on Hersha Hospitality Trust (HT) Following Solid 2Q
July 29, 2016 7:06 AM EDTFBR Capital maintained an Outperform rating on Hersha Hospitality Trust (NYSE: HT), and cut the price target to $26.00 (from $28.00), following the company's 2Q earnings report. AFFO/ share came in at $0.89, versus the consensus estimate of $0.86.
Analyst Bryan Maher commented, "Hersha delivered a solid 2Q16 beat despite significant transaction activity. AFFO/ share came in at $0.89,... More
