UPDATE: Bank of America Reiterates On Ashford Hospitality Trust Following Announcement Of Asset Management Business Spin-Off

In a report published Monday, Bank of America analyst Andrew G. Didora reiterated a Buy rating on Ashford Hospitality Trust (NYSE: AHT ), and raised the price target from $10.50 to $12.50. In the report, Bank of America noted, “Following AHT's announcement that its Board of Directors has approved a