Chatham Lodging Trust (CLDT) Misses Q2 FFO by 2c

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Go back to Chatham Lodging Trust (CLDT) Misses Q2 FFO by 2c

Barclays Downgrades Chatham Lodging Trust (CLDT) to Equalweight

August 4, 2016 6:50 AM EDT

Barclays downgraded Chatham Lodging Trust (NYSE: CLDT) from Overweight to Equalweight.

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

Shares of Chatham Lodging Trust closed at $22.11 yesterday.

... More

FBR Capital Downgrades Chatham Lodging Trust (CLDT) to Market Perform

August 4, 2016 6:28 AM EDT

FBR Capital downgraded Chatham Lodging Trust (NYSE: CLDT) from Outperform to Market Perform with a price target of $23.00 (from $26.00) following Q2 miss and no material near-term catalyst.

Analyst Bryan Maher commented, "Chatham delivered a 2Q16 miss as RevPAR grew an anemic +0.6%. This RevPAR shortfallrelative to the U.S. 2Q16 average of +3.5%was... More