UPDATE: Morgan Stanley Initiates Coverage on Ashford Hospitality Trust on Multiple Risk Factors
October 10, 2013 at 10:48 AM EDT
In a report published Thursday, Morgan Stanley analyst Thomas Allen initiated coverage on Ashford Hospitality Trust (NYSE: AHT ) with an Equal-Weight rating and $14.00 price target. In the report, Morgan Stanley noted, “We rate LHO Underweight with a $28 price target, roughly inline with its current stock price. Although
