Oppenheimer Downgrades Chatham Lodging to Perform, Announces $14 Price Target
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Tyler Batory has downgraded Chatham Lodging (NYSE:CLDT) from Outperform to Perform and set a price target of $14.
July 20, 2023 | 1:28 pm
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Chatham Lodging has been downgraded by Oppenheimer from Outperform to Perform with a price target of $14.
The downgrade from Outperform to Perform by Oppenheimer indicates a less optimistic outlook for Chatham Lodging. This could potentially lead to a decrease in the stock's price in the short term. The price target of $14 also provides a benchmark for investors.
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