Morgan Stanley Maintains Underweight Rating for Xenia Hotels & Resorts: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Morgan Stanley has maintained its Underweight rating for Xenia Hotels & Resorts (NYSE:XHR) and lowered its price target from $12.00 to $11.00. Xenia Hotels & Resorts is a real estate investment trust that invests in premium full-service, lifestyle, and urban upscale hotels across the United States. The company's shares are currently trading up 0.51% over the last 24 hours, at $11.92 per share.
June 27, 2023 | 5:00 pm
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Morgan Stanley has maintained its Underweight rating for Xenia Hotels & Resorts and lowered its price target. This could potentially lead to a decrease in the company's stock price.
Analyst ratings often influence investor sentiment and can impact a company's stock price. In this case, Morgan Stanley's decision to maintain an Underweight rating and lower the price target for Xenia Hotels & Resorts could potentially lead to a decrease in the company's stock price.
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IMPORTANCE 80
RELEVANCE 100