REIT Host Hostels and Resorts Inc (NASDAQ:HST) rises 4.4% after Wells Fargo price target increase.
From Yahoo Finance: 2025-07-01 14:02:00
Real estate investment trust (REIT) Host Hostels and Resorts Inc (NASDAQ:HST) is up 4.4% at $16.03 after Wells Fargo raised its price target to $18. The 50-day moving average is offering support, a bullish sign historically.
Schaeffer’s Senior Quantitative Analyst notes HST is near its 50-day moving average and has shown positive signals in the past, with an average 3.7% gain one month later. The stock is also nearing “oversold” territory, hinting at a potential bounce.
Despite short interest unwinding, 5.3% of HST’s float is still held by shorts, requiring over three days to cover. Options could be a strategic play, with low volatility expectations reflected in the Schaeffer’s Volatility Index (SVI) of 25%.