Wedbush revises stock ratings and PT on some REITs

Pebblebrook Hotel Trust

02/01/2025 19:55

** Wedbush revises ratings and price targets on some real
estate investment trusts (REITs)
    ** "2025 could start volatile for REITs as markets flesh out
possible shocks to the system from a new and aggressive
administration" - Wedbush analyst Richard Anderson
    ** Brokerage downgrades ratings for BXP  BXP.N , CareTrust
 CTRE.N , Healthcare Realty Trust  HR.N  and Pebblebrook Hotel
Trust  PEB.N  to "underperform" from "neutral"
    ** Brokerage, however, upgrades ratings for Douglas Emmett
 DEI.N  and VICI Properties  VICI.N  to "outperform" from
"neutral"
             Company                
                               New      Old
                           PT       PT
                                    
                                    
 BXP                       $70      $81
 CareTrust                 $26      $34
 Healthcare Realty Trust   $16      $18
 Douglas Emmett            $21      $19
 VICI Properties           $33      $34
 

 (Reporting by Anshuman Tripathy)
 ((Anshuman.Tripathy@thomsonreuters.com))