Ratings by BMO Capital (Ari Klein)
| Date | Company | Symbol | Type | Rating (Past) |
PT (Past) |
Start $ (End $) |
% Chg. | Details |
|---|---|---|---|---|---|---|---|---|
| 3/2/2026 | PebbleBrook Hotel Trust | PEB | Maintain | (N/A) |
|
Details | ||
| 3/2/2026 | Apple Hospitality REIT | APLE | Maintain | (N/A) |
|
Details | ||
| 2/27/2026 | SBA Communications | SBAC | Maintain | Market Perform (N/A) |
|
Details | ||
| 2/25/2026 | American Tower | AMT | Maintain | Market Perform (N/A) |
|
Details | ||
| 2/17/2026 | Digital Realty Trust | DLR | Maintain | (N/A) |
|
Details | ||
| 2/12/2026 | Equinix | EQIX | Maintain | Outperform (N/A) |
|
Details | ||
| 2/11/2026 | Marriott International | MAR | Maintain | Outperform (N/A) |
|
Details | ||
| 2/5/2026 | Crown Castle | CCI | Maintain | Outperform (N/A) |
|
Details | ||
| 1/9/2026 | SBA Communications | SBAC | Maintain | (N/A) |
|
Details | ||
| 1/9/2026 | Equinix | EQIX | Maintain | (N/A) |
|
Details | ||
| 1/9/2026 | Crown Castle | CCI | Maintain | (N/A) |
|
Details | ||
| 1/9/2026 | Marriott International | MAR | Upgrade | Outperform (Market Perform) |
319.26 (323.80) |
1.42% | Details | |
| 1/9/2026 | American Tower | AMT | Downgrade | Market Perform (Outperform) |
169.44 (188.59) |
11.3% | Details | |
| 12/3/2025 | Crown Castle | CCI | Maintain | Outperform (N/A) |
|
Details | ||
| 12/3/2025 | American Tower | AMT | Maintain | Outperform (N/A) |
|
Details | ||
| 12/3/2025 | Equinix | EQIX | Upgrade | Outperform (Market Perform) |
727.38 (937.20) |
28.85% | Details | |
| 11/5/2025 | Marriott International | MAR | Maintain | Market Perform (N/A) |
|
Details | ||
| 11/4/2025 | SBA Communications | SBAC | Maintain | Market Perform (N/A) |
|
Details | ||
| 10/30/2025 | Equinix | EQIX | Maintain | Market Perform (N/A) |
|
Details | ||
| 10/29/2025 | American Tower | AMT | Maintain | Outperform (N/A) |
|
Details | ||
| 10/17/2025 | Crown Castle | CCI | Maintain | Outperform (N/A) |
|
Details | ||
| 10/17/2025 | SBA Communications | SBAC | Maintain | Market Perform (N/A) |
|
Details | ||
| 10/17/2025 | American Tower | AMT | Maintain | Outperform (N/A) |
|
Details | ||
| 8/19/2025 | Digital Realty Trust | DLR | Maintain | Outperform (N/A) |
|
Details | ||
| 8/19/2025 | Crown Castle | CCI | Upgrade | Outperform (Market Perform) |
100.55 (90.43) |
-10.06% | Details | |
| 8/18/2025 | Ryman Hospitality Properties | RHP | Maintain | Outperform (N/A) |
|
Details | ||
| 8/6/2025 | Marriott International | MAR | Maintain | Market Perform (N/A) |
|
Details | ||
| 7/29/2025 | American Tower | AMT | Maintain | Outperform (N/A) |
|
Details | ||
| 7/24/2025 | Crown Castle | CCI | Maintain | Market Perform (N/A) |
|
Details | ||
| 7/22/2025 | Marriott International | MAR | Maintain | Market Perform (N/A) |
|
Details | ||
| 7/22/2025 | PebbleBrook Hotel Trust | PEB | Maintain | Market Perform (N/A) |
|
Details | ||
| 7/22/2025 | Chatham Lodging Trust | CLDT | Maintain | Market Perform (N/A) |
|
Details | ||
| 6/26/2025 | Equinix | EQIX | Downgrade | Market Perform (Outperform) |
824.31 (727.38) |
-11.76% | Details | |
| 6/9/2025 | Apple Hospitality REIT | APLE | Downgrade | Market Perform (Outperform) |
11.77 (12.14) |
3.14% | Details | |
| 5/7/2025 | Marriott International | MAR | Maintain | Market Perform (N/A) |
|
Details | ||
| 4/29/2025 | SBA Communications | SBAC | Maintain | Market Perform (N/A) |
|
Details | ||
| 4/23/2025 | Hilton Worldwide | HLT | Maintain | Market Perform (N/A) |
|
Details | ||
| 4/23/2025 | Marriott International | MAR | Maintain | Market Perform (N/A) |
|
Details | ||
| 4/23/2025 | Xenia Hotels & Resorts | XHR | Maintain | Outperform (N/A) |
|
Details | ||
| 4/23/2025 | Ryman Hospitality Properties | RHP | Maintain | Outperform (N/A) |
|
Details | ||
| 4/23/2025 | Park Hotels & Resorts | PK | Maintain | Market Perform (N/A) |
|
Details | ||
| 4/23/2025 | PebbleBrook Hotel Trust | PEB | Maintain | Market Perform (N/A) |
|
Details | ||
| 4/3/2025 | Hilton Worldwide | HLT | Maintain | Market Perform (N/A) |
|
Details | ||
| 4/3/2025 | Xenia Hotels & Resorts | XHR | Maintain | Outperform (N/A) |
|
Details | ||
| 4/3/2025 | Marriott International | MAR | Maintain | Market Perform (N/A) |
|
Details | ||
| 4/3/2025 | Ryman Hospitality Properties | RHP | Maintain | Outperform (N/A) |
|
Details | ||
| 4/3/2025 | Park Hotels & Resorts | PK | Maintain | Market Perform (N/A) |
|
Details | ||
| 4/3/2025 | PebbleBrook Hotel Trust | PEB | Maintain | Market Perform (N/A) |
|
Details | ||
| 4/3/2025 | Host Hotels | HST | Maintain | Outperform (N/A) |
|
Details | ||
| 4/3/2025 | Apple Hospitality REIT | APLE | Maintain | Outperform (N/A) |
|
Details | ||
| 4/3/2025 | Chatham Lodging Trust | CLDT | Maintain | Market Perform (N/A) |
|
Details | ||
| 3/18/2025 | SBA Communications | SBAC | Maintain | Market Perform (N/A) |
|
Details | ||
| 3/18/2025 | Digital Realty Trust | DLR | Maintain | Outperform (N/A) |
|
Details | ||
| 3/18/2025 | Crown Castle | CCI | Maintain | Market Perform (N/A) |
|
Details | ||
| 3/18/2025 | American Tower | AMT | Maintain | Outperform (N/A) |
|
Details | ||
| 3/18/2025 | Equinix | EQIX | Maintain | Market Perform (N/A) |
|
Details | ||
| 2/26/2025 | American Tower | AMT | Maintain | Outperform (N/A) |
|
Details | ||
| 2/25/2025 | SBA Communications | SBAC | Maintain | Market Perform (N/A) |
|
Details | ||
| 2/24/2025 | Park Hotels & Resorts | PK | Maintain | Market Perform (N/A) |
|
Details | ||
| 2/24/2025 | Digital Realty Trust | DLR | Maintain | Outperform (N/A) |
|
Details | ||
| 2/13/2025 | Equinix | EQIX | Maintain | Outperform (N/A) |
|
Details | ||
| 2/11/2025 | Digital Realty Trust | DLR | Maintain | Outperform (N/A) |
|
Details | ||
| 2/5/2025 | Ryman Hospitality Properties | RHP | Maintain | Outperform (N/A) |
|
Details | ||
| 2/5/2025 | Park Hotels & Resorts | PK | Maintain | Market Perform (N/A) |
|
Details | ||
| 2/5/2025 | PebbleBrook Hotel Trust | PEB | Maintain | Market Perform (N/A) |
|
Details | ||
| 2/4/2025 | SBA Communications | SBAC | Maintain | Market Perform (N/A) |
|
Details | ||
| 2/4/2025 | Crown Castle | CCI | Maintain | Market Perform (N/A) |
|
Details | ||
| 2/4/2025 | American Tower | AMT | Maintain | Outperform (N/A) |
|
Details | ||
| 2/3/2025 | Marriott International | MAR | Maintain | Market Perform (N/A) |
|
Details | ||
| 12/18/2024 | SBA Communications | SBAC | Downgrade | Market Perform (Outperform) |
26.00 (196.58) |
656.08% | Details | |
| 12/9/2024 | Ryman Hospitality Properties | RHP | New Coverage | Outperform (N/A) |
118.18 (95.81) |
-18.93% | Details | |
| 12/9/2024 | Apple Hospitality REIT | APLE | New Coverage | Outperform (N/A) |
15.97 (11.77) |
-26.3% | Details | |
| 11/5/2024 | Marriott International | MAR | Maintain | Market Perform (N/A) |
|
Details | ||
| 10/31/2024 | Equinix | EQIX | Maintain | Outperform (N/A) |
|
Details | ||
| 10/30/2024 | American Tower | AMT | Maintain | Outperform (N/A) |
|
Details | ||
| 10/1/2024 | Equinix | EQIX | Maintain | Outperform (N/A) |
|
Details | ||
| 9/13/2024 | American Tower | AMT | Maintain | Outperform (N/A) |
|
Details | ||
| 7/30/2024 | American Tower | AMT | Maintain | Outperform (N/A) |
|
Details | ||
| 7/30/2024 | SBA Communications | SBAC | Maintain | Outperform (N/A) |
|
Details | ||
| 7/18/2024 | Crown Castle | CCI | Maintain | Market Perform (N/A) |
|
Details | ||
| 6/26/2024 | Digital Realty Trust | DLR | Upgrade | Outperform (Market Perform) |
146.44 (176.19) |
20.32% | Details | |
| 6/11/2024 | Crown Castle | CCI | Maintain | Market Perform (N/A) |
|
Details | ||
| 5/2/2024 | Marriott International | MAR | Maintain | Market Perform (N/A) |
|
Details | ||
| 5/1/2024 | American Tower | AMT | Maintain | Outperform (N/A) |
|
Details | ||
| 4/18/2024 | Crown Castle | CCI | Maintain | Market Perform (N/A) |
|
Details | ||
| 3/21/2024 | Equinix | EQIX | Maintain | Outperform (N/A) |
|
Details | ||
| 3/20/2024 | Hilton Worldwide | HLT | Maintain | Market Perform (N/A) |
|
Details | ||
| 2/28/2024 | American Tower | AMT | Maintain | Outperform (N/A) |
|
Details | ||
| 2/27/2024 | SBA Communications | SBAC | Maintain | Outperform (N/A) |
|
Details | ||
| 2/15/2024 | Equinix | EQIX | Maintain | Outperform (N/A) |
|
Details | ||
| 2/14/2024 | Marriott International | MAR | Maintain | Market Perform (N/A) |
|
Details | ||
| 2/8/2024 | Hilton Worldwide | HLT | Maintain | Market Perform (N/A) |
|
Details | ||
| 1/19/2024 | Crown Castle | CCI | Upgrade | Market Perform (Underperform) |
107.79 (100.55) |
-6.72% | Details | |
| 12/15/2023 | SBA Communications | SBAC | Upgrade | Outperform (Market Perform) |
250.83 (26.00) |
-89.63% | Details | |
| 11/3/2023 | SBA Communications | SBAC | Maintain | Market Perform (N/A) |
|
Details | ||
| 10/27/2023 | American Tower | AMT | Maintain | Outperform (N/A) |
|
Details | ||
| 10/26/2023 | Equinix | EQIX | Maintain | Outperform (N/A) |
|
Details | ||
| 8/29/2023 | Hersha Hospitality Trust | HT | Maintain | Market Perform (N/A) |
|
Details | ||
| 8/2/2023 | Marriott International | MAR | Maintain | Market Perform (N/A) |
|
Details | ||
| 8/1/2023 | SBA Communications | SBAC | Maintain | Market Perform (N/A) |
|
Details | ||
| 7/21/2023 | Crown Castle | CCI | Maintain | Underperform (N/A) |
|
Details | ||
| 7/13/2023 | Crown Castle | CCI | New Coverage | Underperform (N/A) |
115.94 (107.79) |
-7.03% | Details | |
| 7/13/2023 | American Tower | AMT | New Coverage | Outperform (N/A) |
194.60 (169.44) |
-12.93% | Details | |
| 7/13/2023 | SBA Communications | SBAC | New Coverage | Market Perform (N/A) |
241.82 (196.58) |
-18.71% | Details | |
| 6/16/2023 | Equinix | EQIX | Maintain | Outperform (N/A) |
|
Details | ||
| 5/4/2023 | Equinix | EQIX | Maintain | Outperform (N/A) |
|
Details | ||
| 3/27/2023 | Digital Realty Trust | DLR | Downgrade | Market Perform (Outperform) |
94.37 (176.19) |
86.7% | Details | |
| 3/27/2023 | Equinix | EQIX | Upgrade | Outperform (Market Perform) |
681.70 (824.31) |
20.92% | Details | |
| 2/15/2023 | Marriott International | MAR | Maintain | Market Perform (N/A) |
|
Details | ||
| 2/10/2023 | Hilton Worldwide | HLT | Maintain | Market Perform (N/A) |
|
Details | ||
| 12/16/2022 | Xenia Hotels & Resorts | XHR | Maintain | Outperform (N/A) |
|
Details | ||
| 12/16/2022 | Park Hotels & Resorts | PK | Maintain | Market Perform (N/A) |
|
Details | ||
| 12/2/2022 | PebbleBrook Hotel Trust | PEB | Downgrade | Market Perform (Outperform) |
16.61 (12.81) |
-22.88% | Details | |
| 11/4/2022 | Marriott International | MAR | Maintain | Market Perform (N/A) |
|
Details | ||
| 11/3/2022 | Equinix | EQIX | Maintain | Market Perform (N/A) |
|
Details | ||
| 8/16/2022 | Park Hotels & Resorts | PK | Downgrade | Market Perform (Outperform) |
16.05 (10.91) |
-32.02% | Details | |
| 5/27/2022 | Equinix | EQIX | Maintain | Market Perform (N/A) |
|
Details | ||
| 4/28/2022 | Equinix | EQIX | Maintain | Market Perform (N/A) |
|
Details | ||
| 2/17/2022 | Equinix | EQIX | Maintain | Market Perform (N/A) |
|
Details | ||
| 2/16/2022 | Marriott International | MAR | Maintain | Market Perform (N/A) |
|
Details | ||
| 1/7/2022 | PebbleBrook Hotel Trust | PEB | Upgrade | Outperform (Market Perform) |
22.72 (12.81) |
-43.62% | Details | |
| 1/7/2022 | Equinix | EQIX | Downgrade | Market Perform (Outperform) |
775.08 (937.20) |
20.92% | Details | |
| 1/7/2022 | Hersha Hospitality Trust | HT | Upgrade | Market Perform (Underperform) |
9.42 (9.99) |
6.05% | Details | |
| 11/16/2021 | CyrusOne | CONE | Downgrade | Market Perform (Outperform) |
85.45 (90.36) |
5.75% | Details | |
| 10/28/2021 | Hilton Worldwide | HLT | Maintain | Market Perform (N/A) |
|
Details | ||
| 7/6/2021 | CyrusOne | CONE | Upgrade | Outperform (Market Perform) |
71.20 (85.45) |
20.01% | Details | |
| 6/8/2021 | QTS Realty Trust | QTS | Downgrade | Market Perform (Outperform) |
78.15 (77.98) |
-0.22% | Details | |
| 5/25/2021 | Xenia Hotels & Resorts | XHR | Upgrade | Outperform (Market Perform) |
18.50 (15.09) |
-18.43% | Details | |
| 3/16/2021 | Xenia Hotels & Resorts | XHR | Maintain | Market Perform (Market Perform) |
|
Details | ||
| 10/13/2020 | Hilton Worldwide | HLT | Upgrade | Market Perform (Underperform) |
91.35 (298.64) |
226.92% | Details | |
| 10/13/2020 | Host Hotels | HST | Upgrade | Outperform (Market Perform) |
11.49 (19.21) |
67.19% | Details | |
| 10/13/2020 | Park Hotels & Resorts | PK | Upgrade | Outperform (Market Perform) |
10.87 (10.91) |
0.37% | Details | |
| 10/13/2020 | Marriott International | MAR | Upgrade | Market Perform (Underperform) |
100.71 (319.26) |
217.01% | Details | |
| 9/16/2020 | Digital Realty Trust | DLR | Upgrade | Outperform (Market Perform) |
147.28 (176.19) |
19.63% | Details | |
| 5/7/2020 | Equinix | EQIX | Maintain | Outperform (N/A) |
|
Details | ||
| 3/18/2020 | Hilton Worldwide | HLT | Downgrade | Underperform (Market Perform) |
64.83 (298.64) |
360.65% | Details | |
| 3/18/2020 | Marriott International | MAR | Downgrade | Underperform (Market Perform) |
75.24 (323.80) |
330.36% | Details | |
| 3/12/2020 | Host Hotels | HST | Downgrade | Market Perform (Outperform) |
11.55 (19.21) |
66.32% | Details | |
| 3/12/2020 | Hilton Worldwide | HLT | Downgrade | Market Perform (Outperform) |
81.09 (298.64) |
268.28% | Details | |
| 2/28/2020 | Marriott International | MAR | Maintain | Market Perform (N/A) |
|
Details | ||
| 2/12/2020 | Hilton Worldwide | HLT | Maintain | Outperform (N/A) |
|
Details | ||
| 1/14/2020 | CyrusOne | CONE | Downgrade | Market Perform (Outperform) |
66.99 (71.20) |
6.28% | Details | |
| 11/6/2019 | QTS Realty Trust | QTS | Maintain | Outperform (N/A) |
|
Details | ||
| 10/31/2019 | Equinix | EQIX | Maintain | Outperform (N/A) |
|
Details | ||
| 10/17/2019 | Xenia Hotels & Resorts | XHR | New Coverage | Market Perform (N/A) |
20.81 (15.09) |
-27.49% | Details | |
| 10/17/2019 | Park Hotels & Resorts | PK | New Coverage | Market Perform (N/A) |
23.35 (10.91) |
-53.28% | Details | |
| 10/17/2019 | PebbleBrook Hotel Trust | PEB | New Coverage | Market Perform (N/A) |
26.55 (12.81) |
-51.75% | Details | |
| 10/17/2019 | Marriott International | MAR | New Coverage | Market Perform (N/A) |
121.11 (323.80) |
167.36% | Details | |
| 10/17/2019 | Host Hotels | HST | New Coverage | Outperform (N/A) |
16.41 (11.55) |
-29.62% | Details | |
| 10/17/2019 | Hilton Worldwide | HLT | New Coverage | Outperform (N/A) |
91.66 (81.09) |
-11.53% | Details | |
| 10/16/2019 | Chatham Lodging Trust | CLDT | New Coverage | Market Perform (N/A) |
17.64 (8.03) |
-54.48% | Details | |
| 10/16/2019 | Hersha Hospitality Trust | HT | New Coverage | Underperform (N/A) |
13.98 (9.99) |
-28.54% | Details | |
| 8/1/2019 | Equinix | EQIX | Maintain | Outperform (N/A) |
|
Details | ||
| 7/26/2019 | CoreSite Realty | COR | Maintain | Market Perform (N/A) |
|
Details | ||
| 5/3/2019 | CyrusOne | CONE | Maintain | Outperform (N/A) |
|
Details | ||
| 5/2/2019 | QTS Realty Trust | QTS | Maintain | Outperform (N/A) |
|
Details | ||
| 5/2/2019 | Equinix | EQIX | Maintain | Outperform (N/A) |
|
Details | ||
| 11/2/2018 | Equinix | EQIX | Maintain | Outperform (N/A) |
|
Details | ||
| 11/1/2018 | CyrusOne | CONE | Maintain | Outperform (N/A) |
|
Details | ||
| 10/31/2018 | QTS Realty Trust | QTS | Maintain | Outperform (N/A) |
|
Details | ||
| 10/26/2018 | CoreSite Realty | COR | Maintain | Market Perform (N/A) |
|
Details |

