FelCor Lodging Trust

Shares of FelCor Lodging Trust Incorporated (NYSE: FCH), a real estate investment trust entity that owns a portfolio of upper-upscale and luxury hotels and resorts, surged higher by more than 7 percent on Thursday after an activist investor detailed a plan that could unlock significant...

Bank of America Merrill Lynch is out with its report today on FelCor Lodging Trust (NYSE: FCH), initiating FCH at Underperform with a $5.50 PO. In a note to clients, Bank of America Merrill Lynch writes, "We initiate with an Underperform rating and a $5.50 Price Objective. FCH is a self-...

Bank of America has initiated coverage on the following companies: RLJ Lodging Trust (NYSE: RLJ) Neutral, $20 PO FelCor Lodging Trust (NYSE: FCH) Underperform, $5.50 PO

According to Goldman Sachs, FelCor Lodging Trust (NYSE: FCH) price target is lowered to $7.10. Goldman Sachs said that it is lowering its 12-month price target to $7.10 from $8.25 due to lower multiples (12X EBITDA and 11X FFO on 2012E, from 13X and 13X respectively). “We are lowering our...

Goldman Sachs has raised the price target on FelCor Lodging Trust (NYSE: FCH) from $7.10 to $8.25 and maintains its Neutral rating.

According to Keefe, Bruyette & Woods, Felcor Lodging Trust (NYSE: FCH) is seeing improving results. Keefe, Bruyette & Woods said that, “Following FCH's 1Q11 earnings and conference call, it is increasing 2011E FFO to $0.29 from $0.23, reflecting lower interest expense ($0.04) and modest...

KBW is out with its report today on FelCor Lodging Trust (NYSE: FCH), raising its 2011E FFO estimate. In a note to clients, KBW states, "Following FCH's 4Q earnings and conference call, we are increasing our 2011E FFO to $0.27 from $0.24, which reflects 14% adjusted EBITDA growth to $215M from $...

JP Morgan has initiated coverage on FelCor Lodging Trust, Inc. (NYSE: FCH) with a Neutral rating and $8 price target.

JP Morgan has initiated coverage on FelCor Lodging Trust, Inc. (NYSE: FCH) with a Neutral rating and $8 price target.

FelCor Lodging Trust, Inc. (NYSE: FCH) posted 2Q results slightly below CitiGroup's estimates, resulting in a disappointing report. CitiGroup reports that EBITDA of $56.5M was below the estimated $57.9M, and REVPAR at +5.6% was below the estimated 7%, with most peers between 6-8%. 2010 guidance...