Pebblebrook Hotel Trust Completes Sale of the Manhattan NYC

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Stifel Remains Sidelined on Pebblebrook Hotel Trust (PEB) - PT to $28

December 21, 2016 10:01 AM EST

Stifel reiterated a Hold rating on PebbleBrook Hotel Trust (NYSE: PEB), and raised the price target to $28.00 (from $26.00). After the close, Pebblebrook Hotel Trust announced that the company has closed on the previously announced sale of the 618-room Manhattan NYC for $217.5 million, or... More