UPDATE: Bank of America Reiterates on FelCor Lodging Trust on Lowered 2014 EBITDA Estimate
February 26, 2014 at 08:32 AM EST
In a report published Wednesday, Bank of America analyst Andrew G. Didora reiterated an Underperform rating on FelCor Lodging Trust (NYSE: FCH ), and raised the price target from $7.00 to $7.50. In the report, Bank of America noted, “We are lowering our 2014 EBITDA estimate to $203M from $220M
