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Barclays Initiates Hilton Spin-Off Park Hotels At Overweight
Monday, February 13, 2017 - 4:05pm | 315Barclays started coverage of Park Hotels & Resorts Inc (NYSE: PK) with an Overweight rating and $30 price target, highlighting its cash flow and margin expansion opportunities. “Park is a high cash flow generating lodging REIT with a meaningful margin expansion story over the next several...
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Extended Stay Shares Remain Undervalued, Says Barclays
Wednesday, September 28, 2016 - 3:52pm | 315Following a series of investor meetings, Barclays expressed that they still believe shares of Extended Stay America Inc (NYSE: STAY) to be undervalued when factoring in operations and an opportunity for real estate monetization. The firm maintains its Overweight stock rating and price target of $19...