Morgan Stanley Reiterates Equal-Weight on Diamondrock Hospitality, Maintains $9 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Grambling reiterated an Equal-Weight rating on Diamondrock Hospitality (NYSE:DRH) and maintained a $9 price target.

June 27, 2023 | 12:24 pm
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Morgan Stanley analyst Stephen Grambling reiterated an Equal-Weight rating on Diamondrock Hospitality (NYSE:DRH) and maintained a $9 price target.
The news of Morgan Stanley reiterating an Equal-Weight rating and maintaining a $9 price target for Diamondrock Hospitality (NYSE:DRH) is neutral for the stock. The rating suggests that the stock is fairly valued and the price target is in line with the current market price. This news is important for investors as it provides an updated view from a reputable analyst, but it does not suggest any significant change in the stock's outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100