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Enter Symbol:
Ashford Hospitality Trust Inc (AHT) [hlAlert]

down 58.55 %

Ashford Hospitality Trust Inc (AHT) rated Underperform by Wachovia

Posted on: Thursday,  Jul 17, 2008  8:25 AM ET by Wachovia

Wachovia rated Underperform Ashford Hospitality Trust Inc (NYSE: AHT) on 07/17/2008, when the stock price was $3.27. Since
then, Ashford Hospitality Trust Inc has gained 141.28% as of 01/27/2016's recent price of $7.89.
If you would have followed this Wachovia's recommendation on AHT, you would have lost 58.55% of your investment in 2750 days.

Ashford Hospitality Trust, Inc. is a self-advised real estate investment trust (REIT). The Company owns its lodging investments and conducts its business through Ashford Hospitality Limited Partnership, its operating partnership. Ashford OP General Partner LLC, a wholly owned subsidiary of the Company, serves as the sole general partner of the operating partnership. The Company operates in two business segments within the hotel lodging industry: direct hotel investments and hotel financing. As of December 31, 2008, it owned 97 hotel properties directly and six hotel properties through equity investments with joint venture partners, which represented 23,255 total rooms (22,913 net rooms) excluding those attributable to joint venture partners. The Company?s hotels are operated under the brands of Crown Plaza, Hilton, Hyatt, Marriott, Sheraton and Westin. All these hotels are located in the United States.

Wachovia offers a full range of products and services to meet the needs of corporate and institutional clients nationwide. These include capital raising, market making, and financial advisory products and services, to name just a few. We have the experience and resources you need to help your business grow and succeed. With a unified culture and integrated platform, ours is an organization that executes without distraction. We are focused and proactive, working as a team to deliver the ideas and capital for your needs.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/17/2008 8:25 AM Sell
as of 12/24/2008
1 Week down  -4.85 %
1 Month down  -83.68 %
3 Months down  -72.66 %
1 YTD up  20.79 %

(*) Stock Price at the time of the recommendation.
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