Extended Stay America (STAY) Tops Q1 EPS by 3c

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Extended Stay (STAY) PT Raised to $19 at Stifel; RevPAR Acceleration for the Rest of the Year

April 27, 2017 1:26 PM EDT

Stifel raised its price target on Extended Stay (NYSE: STAY) to $19.00 (from $18.50) while maintaining a Buy rating following a solid Q1.

Raised guidance from the company implies acceleration for the rest of the year, analyst Simon Yarmak said.

The firm is adjusting... More