Oppenheimer Downgrades RLJ Lodging to Perform, Announces $15 Price Target
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Tyler Batory has downgraded RLJ Lodging (NYSE:RLJ) from Outperform to Perform and set a price target of $15.
July 20, 2023 | 1:30 pm
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RLJ Lodging has been downgraded by Oppenheimer from Outperform to Perform with a price target of $15.
The downgrade from Outperform to Perform by Oppenheimer indicates a less optimistic outlook for RLJ Lodging. This could potentially lead to a decrease in the stock's price in the short term. The price target of $15 also provides a benchmark for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100