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Fly News Breaks for October 23, 2015
PEB
Oct 23, 2015 | 06:20 EDT
Credit Siusse downgraded Pebblebrook Hotel to Neutral snd lowered its price target to $39 from $45. Analyst Ian Weissman was surprised by management's lowered Q4 RevPAR guidance following the investor day 3+ weeks ago and expects the shares and the sector to be in the penalty box until the soft patch ends.
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