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Equity Fund Buys Hersha Hospitality Trust: Hotel REITs Go Wild - Ashford (AMEX:AINC), Xenia Hotels & Resorts (NYSE:XHR), Chatham Lodging (NYSE:CLDT), Summit Hotel Properties (NYSE:INN), Diamondrock Hospitality (NYSE:DRH), Hersha Hospitality (NYSE:HT), Ashford Hospitality Trust (NYSE:AHT), Braemar Hotels & Resorts (NYSE:BHR)

Equity Fund Buys Hersha Hospitality Trust: Hotel REITs Go Wild

Wall Street reporters have a phrase to describe stocks that rise when another stock of the same sector reports excellent news. They write, "Other stocks rose in sympathy." These so-called sympathy stocks don't have any of their own news to propel them higher, but investors surmise that if one stock of a sector reports good news, others of the same ilk may soon follow suit. The result is investors buying shares and pushing the sympathy stock prices higher. This is especially true when a company i

Ashford (NYSE:AINC) Earns Buy Rating from Analysts at StockNews com

Ashford (NYSE:AINC) Earns Buy Rating from Analysts at StockNews com
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Ashford (NYSEAMERICAN:AINC) PT Lowered to $17 00 at Oppenheimer

Ashford (NYSEAMERICAN:AINC – Free Report) had its price target lowered by Oppenheimer from $20.00 to $17.00 in a research note published on Thursday, Benzinga reports. The brokerage currently has an outperform rating on the financial services provider’s stock. A number of other equities analysts have also issued reports on the company. B. Riley reduced their […]

Ashford (NYSE:AINC) Research Coverage Started at StockNews com

Investment analysts at StockNews.com began coverage on shares of Ashford (NYSE:AINC – Get Free Report) in a note issued to investors on Wednesday. The firm set a “buy” rating on the stock. Ashford Price Performance Ashford stock traded down $0.01 during trading hours on Wednesday, hitting $9.10. The company had a trading volume of 529 […]

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