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Fly News Breaks for July 10, 2019
AHP
Jul 10, 2019 | 04:45 EDT
B.Riley FBR analyst Bryan Maher upgraded Ashford Hospitality Prime to Buy from Neutral while lowering his price target for the shares to $13 from $14. The analyst cites valuation for the upgrade. While luxury RevPAR is still soft, resort RevPAR remains solid, Maher tells investors in a research note. Further, he sees upcoming catalysts for Ashford.
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