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Pebblebrook Hotel price target raised to $14 from $12 at Truist
Truist has increased its price target for Pebblebrook Hotel (PEB) shares from $12 to $14, while maintaining a Hold rating. The firm anticipates strong performance for the REIT in 2026, driven by San Francisco’s recovery, easier comparisons, specific one-time events in 2026, and disposition activities reducing leverage. This outlook suggests optimism for the company’s future financial trajectory.