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Fly News Breaks for March 19, 2018
HPT
Mar 19, 2018 | 05:58 EDT
Wells Fargo analyst Jeffrey Donnelly upgraded Hospitality Properties Trust to Market Perform while lowering his price target for the shares to $25 from $28. The analyst believes the company's "peer leading dividend yield" of 8.3% and the recent underperformance of the shares should provide a floor for the stock in the near term. He cites valuation for the upgrade to Market Perform.
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