Oppenheimer Maintains Outperform on Chatham Lodging, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Tyler Batory has maintained an 'Outperform' rating on Chatham Lodging (NYSE:CLDT), but lowered the price target from $14 to $12.

July 05, 2023 | 12:28 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Chatham Lodging's price target has been lowered from $14 to $12 by Oppenheimer, though the 'Outperform' rating is maintained.
The lowering of the price target by Oppenheimer could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100