The mean of analysts' price targets for Chatham Lodging (CLDT) points to a 30.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Chatham Lodging (CLDT) delivered FFO and revenue surprises of 24.24% and 6.07%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
WEST PALM BEACH, Fla., August 03, 2022--Chatham Lodging Trust Announces Huge Second Quarter 2022 Results