Chatham Lodging Trust (CLDT) Lowers Q3 Outlook

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Go back to Chatham Lodging Trust (CLDT) Lowers Q3 Outlook

Cantor Fitzgerald Downgrades Chatham Lodging Trust (CLDT) to Hold

October 12, 2016 7:10 AM EDT

Cantor Fitzgerald downgraded Chatham Lodging Trust (NYSE: CLDT) from Buy to Hold.

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 $18.00 yesterday.

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FBR Capital Cuts Price Target on Chatham Lodging Trust (CLDT) to $22 Following Company Update

October 11, 2016 11:07 AM EDT

FBR Capital maintained a Market Perform rating on Chatham Lodging Trust (NYSE: CLDT), and cut the price target to $22.00 (from $23.00), following the company's updated outlook. The update shows that CLDT is expecting weak 3Q16 results, mainly driven by a 21% RevPAR decline across six hotels. Management will host its 3Q16 earnings call at 10 a.m. November 3, and we will be hosting a meeting with... More