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wells fargo upgrades service properties trust rating to overweight with price target increase
Service Properties Trust (NASDAQ:SVC) has been upgraded from "underweight" to "overweight" by Wells Fargo & Company, with a new price target of $4.00, indicating a potential upside of 60.64%. The stock opened at $2.49, with a 12-month range of $2.29 to $6.85, and 77.62% of shares are held by institutional investors. The company owns 221 hotels across the U.S., Puerto Rico, and Canada, focusing on extended stay and select service properties.
ew etfs launched to support financial independence and early retirement movement
The FIRE movement, which encourages financial independence and early retirement, has inspired the launch of two new ETFs by Tidal Investments: the FIRE Funds Wealth Builder ETF (FIRS) and the FIRE Funds Income Target ETF (FIRI). These funds aim to support individuals seeking to escape traditional jobs and achieve a job-free lifestyle.
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