Zacks Investment Research downgraded shares of PEBBLEBROOK HTL (PEB) from NEUTRAL to UNDERPERFORM on October 30, 2012, with a target price of $20.40.
Pebblebrook Hotel Trust is an internally managed hotel investment company organized to acquire and invest in hotel properties located primarily in large United States cities with an emphasis on the major coastal markets. The Company may invest in resort properties located near its primary urban target markets, as well as in select destination markets. Pebblebrook Hotel Trust focuses on hotel properties in the lodging industry. In addition, the Company may seek to acquire service properties in its primary urban target markets.
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