Equities researchers at StockNews.com initiated coverage on shares of Sotherly Hotels (NASDAQ:SOHO – Get Free Report) in a report released on Monday. The brokerage set a “hold” rating on the real estate investment trust’s stock.
Separately, Piper Sandler dropped their target price on shares of Sotherly Hotels from $2.00 to $1.50 and set a “neutral” rating on the stock in a research note on Tuesday, September 3rd.
Read Our Latest Stock Report on SOHO
Sotherly Hotels Price Performance
About Sotherly Hotels
Sotherly Hotels Inc is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Sotherly may also opportunistically acquire hotels throughout the United States.
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