Canaccord cuts three lodging REITs

• Embattled Ashford Hospitality Trust (AHT -6.1%) and Ashford Hospitality Prime (AHP -4.2%) are cut to Hold from Buy, as is Hersha HospitalityTrust (HT -4.7%).
• Two other REIT downgrades hit today as well - Duke Realty (DRE -0.6%) to Market Perform from Outperform at BMO Capital, and Equity Residential (EQR -0.3%) to Neutral from Buy.
• Previously: Activist aims to take control of and sell Ashford Prime (Jan. 15)