DA Davidson Downgrades Hospitality Properties Trust (HPT) to Neutral

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Hospitality Properties Trust (HPT) PT Lowered to $32 at B.Riley/FBR Following 4Q

March 2, 2018 8:03 AM EST

B.Riley/FBR lowered its price target on Hospitality Properties Trust (NASDAQ: HPT) to $32.00 (from $35.00) while maintaining a Buy rating following the company's 4Q. HPT reported healthy results across its hotel portfolio, with hurricane-related demand increases contributing 1.7% to RevPAR in the quarter. Normalized FFO/ share was... More