Hersha Hospitality Trust (HT) Reports Q1 FFO of $0.30

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Hersha Hospitality Trust (HT) PT Lowered to $20 at Stifel on 1Q FFO Beat

April 26, 2017 6:50 AM EDT

Stifel lowered its price target on Hersha Hospitality Trust (NYSE: HT) to $20.00 (from $20.50) while maintaining a Hold rating, following the company's first quarter report.

Analyst Simon Yarmak notes the company reported first quarter AFFO results about estimates and consensus projections, while maintaining full year... More