Ashford boosted to Buy at Baird

|About: Ashford Hospitality Trus... (AHT)|By:, SA News Editor

Ashford Hospitality Trust (AHT +7.6%) continues a big move following the spinoff of Ashford Prime (AHP -0.1%), with an upgrade to Buy at Baird apparently today's catalyst. The price target is raised to $14 from $12. The stock is easily the leader in the hotel REIT space, ahead 25% YTD.

Kudos to SA Pro's Dane Bowler who last November called the spinoff a buying opportunity.