Hospitality Properties Trust (HPT) Tops Q2 EPS by 4c

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Go back to Hospitality Properties Trust (HPT) Tops Q2 EPS by 4c

UPDATE: FBR Capital Downgrades Hospitality Properties Trust (HPT) to Market Perform

August 10, 2016 2:10 PM EDT

(Updated - August 10, 2016 2:35 PM EDT)

FBR Capital downgraded Hospitality Properties Trust (NASDAQ: HPT) from Outperform to Market Perform with a price target of $32 (from $31). The change follows the release of Q2 results. Analyst Bryan Maher noted that shares are trading near his price target.

The analyst explained, "HPT continued to deliver sector outperformance in 2Q16, as RevPAR... More