Chatham Lodging price target raised to $10 from $8.75 at Stifel

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Thu, March 5, 2026 astatine 10:36 AM CST 1 min read

Stifel raised the firm’s price target connected Chatham Lodging (CLDT) to $10 from $8.75 and keeps a Buy standing connected the shares. The steadfast notes Chatham Lodging announced this greeting that the institution had acquired six hotels totaling 589 rooms for $92M, oregon astir $156k/key. On 2025 edifice NOI, the acquisition was stated to beryllium completed astatine a 10% headdress rate. Additionally, the institution announced a dividend summation concurrently with the acquisition announcement.

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