Piper Sandler Maintains Neutral on Sotherly Hotels, Lowers Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Goldfarb maintains a Neutral rating on Sotherly Hotels (NASDAQ:SOHO) and lowers the price target from $2.5 to $2.
May 31, 2023 | 12:42 pm
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Piper Sandler analyst Alexander Goldfarb maintains a Neutral rating on Sotherly Hotels and lowers the price target from $2.5 to $2.
The news directly mentions Sotherly Hotels (NASDAQ:SOHO) and the lowered price target by Piper Sandler analyst Alexander Goldfarb. The Neutral rating suggests that the stock is expected to perform in line with the market, and the lowered price target may indicate a slightly less optimistic outlook. However, the overall impact on the stock price in the short term is likely to be neutral, as the rating remains unchanged.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100