Pebblebrook Hotel Trust Shares Surge 7.18% on Earnings Expectations
Thursday, May 1, 2025 4:50 am ET
1min read Pebblebrook Hotel Trust (NYSE:PEB) shares surged 7.18% in pre-market trading on May 1, 2025, driven by a mix of analyst adjustments and earnings expectations.
Evercore ISI reduced its target price for Pebblebrook Hotel Trust from $15.00 to $11.00, reflecting a more cautious outlook on the company's future performance. This adjustment comes as analysts anticipate the company to report earnings of $0.13 per share and revenue of $311.74 million for the upcoming quarter.
Wedbush analyst Richard Anderson maintained a sell rating on Pebblebrook Hotel Trust, while lowering the target price from $13 to $12. This move suggests that the analyst remains bearish on the stock despite the recent price surge.
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
_cbf77e8c1748017079428.jpeg)
