10:35 AM EST, 11/03/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We lower our target price by $1 to $11 on a forward P/FFO of 5.7x our 2026 view, a discount to its three-year average of 6.8x. We decrease our 2025 FFO forecast by $0.20 to $1.87 and decrease our 2026 estimate by $0.19 to $1.94. Management's Q/Q outlook for Q4 was surprisingly negative with expectations changing from 3% to 5% growth in RevPAR to -1% to +2%, suggesting near-term visibility is limited right now. While the outlook is poor, we note that cost management YTD was a positive with expense growth