Analysts Offer Insights on Financial Companies: Fulton Financial Corp (NASDAQ: FULT) and Lasalle Hotel Properties (NYSE: LHO)

By Ryan Adsit

Analysts are pulling back from the Financial sector as 2 experts expressed today bearish sentiments on Fulton Financial Corp (NASDAQ: FULT) and Lasalle Hotel Properties (NYSE: LHO).

Fulton Financial Corp (NASDAQ: FULT)

In a report released yesterday, Matthew Keating from Barclays maintained a Sell rating on Fulton Financial Corp (NASDAQ: FULT), with a price target of $18. The company’s shares opened today at $18.35.

According to TipRanks.com, Keating is a 3-star analyst with an average return of 3.3% and a 53.6% success rate. Keating covers the Financial sector, focusing on stocks such as First Interstate Bancsystem, Dime Community Bancshares, and People’s United Financial.

Fulton Financial Corp has an analyst consensus of Hold, with a price target consensus of $19.

Lasalle Hotel Properties (NYSE: LHO)

In a report released yesterday, Felicia Hendrix from Barclays maintained a Sell rating on Lasalle Hotel Properties (NYSE: LHO), with a price target of $28. The company’s shares opened today at $29.01.

According to TipRanks.com, Hendrix is a 3-star analyst with an average return of 2.8% and a 55.5% success rate. Hendrix covers the Services sector, focusing on stocks such as Marriott International, Pinnacle Entertainment, and Extended Stay America.

Lasalle Hotel Properties has an analyst consensus of Moderate Sell, with a price target consensus of $30.50.

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