--- title: "Ari Klein Maintains Hold on Apple Hospitality REIT, Lifts Price Target to $13 Amid Improved Outlook and Macro Risks" type: "News" locale: "en" url: "https://longbridge.com/en/news/285134385.md" description: "Analyst Ari Klein from BMO Capital has maintained a Hold rating on Apple Hospitality REIT while raising the price target from $12.00 to $13.00. This decision reflects improved fundamentals, including better-than-expected first-quarter EBITDA and an enhanced 2026 outlook. However, Klein notes potential risks from higher fuel costs affecting travel and the company's performance being in line with peers rather than outperforming. Bank of America Securities also holds a Hold rating with a $13.00 target." datetime: "2026-05-04T23:35:42.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285134385.md) - [en](https://longbridge.com/en/news/285134385.md) - [zh-HK](https://longbridge.com/zh-HK/news/285134385.md) --- # Ari Klein Maintains Hold on Apple Hospitality REIT, Lifts Price Target to $13 Amid Improved Outlook and Macro Risks Analyst Ari Klein from BMO Capital maintained a Hold rating on Apple Hospitality REIT and increased the price target to $13.00 from $12.00. ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Ari Klein has given his Hold rating due to a combination of factors that balance improving fundamentals with emerging risks and a fairly full valuation. He notes that Apple Hospitality REIT posted better‑than‑expected first‑quarter EBITDA and lifted its 2026 RevPAR and EBITDA outlook, with recent demand trends and margin performance tracking ahead of prior assumptions. At the same time, he highlights that the company’s select‑service portfolio could be more vulnerable if higher fuel costs eventually curb travel, and that its operating performance is generally in line with lodging REIT peers rather than clearly outperforming them. Reflecting the improved near‑term outlook but also these macro and competitive considerations, he raised his price target from $12 to $13 while maintaining a neutral, Hold stance on the shares. In another report released on April 27, Bank of America Securities also maintained a Hold rating on the stock with a $13.00 price target. ### Related Stocks - [APLE.US](https://longbridge.com/en/quote/APLE.US.md) - [VNQ.US](https://longbridge.com/en/quote/VNQ.US.md) - [REZ.US](https://longbridge.com/en/quote/REZ.US.md) - [GQRE.US](https://longbridge.com/en/quote/GQRE.US.md) - [RWR.US](https://longbridge.com/en/quote/RWR.US.md) - [IYR.US](https://longbridge.com/en/quote/IYR.US.md) - [XLRE.US](https://longbridge.com/en/quote/XLRE.US.md) - [RWO.US](https://longbridge.com/en/quote/RWO.US.md) - [SCHH.US](https://longbridge.com/en/quote/SCHH.US.md) - [REET.US](https://longbridge.com/en/quote/REET.US.md) - [WTRE.US](https://longbridge.com/en/quote/WTRE.US.md) - [BEDZ.US](https://longbridge.com/en/quote/BEDZ.US.md) - [BMO.US](https://longbridge.com/en/quote/BMO.US.md) - [BAC.US](https://longbridge.com/en/quote/BAC.US.md) - [BAC-Q.US](https://longbridge.com/en/quote/BAC-Q.US.md) - [BML-L.US](https://longbridge.com/en/quote/BML-L.US.md) - [BAC-L.US](https://longbridge.com/en/quote/BAC-L.US.md) - [BAC-K.US](https://longbridge.com/en/quote/BAC-K.US.md) - [BML-H.US](https://longbridge.com/en/quote/BML-H.US.md) - [BAC-N.US](https://longbridge.com/en/quote/BAC-N.US.md) - [BAC-E.US](https://longbridge.com/en/quote/BAC-E.US.md) - [MER-K.US](https://longbridge.com/en/quote/MER-K.US.md) - [BAC-O.US](https://longbridge.com/en/quote/BAC-O.US.md) - [BML-G.US](https://longbridge.com/en/quote/BML-G.US.md) - [BAC-M.US](https://longbridge.com/en/quote/BAC-M.US.md) - [BAC-B.US](https://longbridge.com/en/quote/BAC-B.US.md) - [BML-J.US](https://longbridge.com/en/quote/BML-J.US.md) - [BAC-S.US](https://longbridge.com/en/quote/BAC-S.US.md) - [BAC-P.US](https://longbridge.com/en/quote/BAC-P.US.md) - [8648.JP](https://longbridge.com/en/quote/8648.JP.md) ## Related News & Research - [Apple Hospitality REIT (NYSE:APLE) Hits New 12-Month High After Dividend Announcement](https://longbridge.com/en/news/287091686.md) - [Apple Hospitality REIT (APLE) Is Up 7.4% After Raising 2026 Outlook and Expanding Hotel Portfolio](https://longbridge.com/en/news/285958817.md) - [Regency Centers Updates Investor Presentation for Conferences](https://longbridge.com/en/news/286800935.md) - [This REIT Yielding 16% Just Landed a New $5 Million Bet From EMG Holdings](https://longbridge.com/en/news/286954698.md) - [New York Life Investment Management LLC Boosts Holdings in Healthpeak Properties, Inc. $DOC](https://longbridge.com/en/news/286882864.md)