Piper Sandler Keeps Their Hold Rating on Sotherly Hotels (SOHO)
In a report released today, Alexander Goldfarb from Piper Sandler maintained a Hold rating on Sotherly Hotels (SOHO – Research Report), with a price target of $1.00. The company’s shares closed last Friday at $0.79.
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Goldfarb covers the Real Estate sector, focusing on stocks such as Howard Hughes Holdings, Innovative Industrial Properties, and SITE Centers. According to TipRanks, Goldfarb has an average return of 3.2% and a 51.21% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Sotherly Hotels with a $1.00 average price target.
The company has a one-year high of $1.54 and a one-year low of $0.76. Currently, Sotherly Hotels has an average volume of 44.41K.
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