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Fly News Breaks for July 21, 2016
AHT
Jul 21, 2016 | 06:48 EDT
Credit Suisse analyst Ian Weissman downgraded Ashford Hospitality to Underperform citing premium valuation and risks from its floating-rate debt exposure, uncertainty surrounding its limited-service portfolio, and takeout difficulties given its external management structure. Weissman lowered his price target on Ashford to $5 from $6 on shares.
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