Barclays Maintains Overweight on Chatham Lodging, Lowers Price Target to $14
Portfolio Pulse from jenniferd'souza@benzinga.com
Barclays analyst Anthony Powell maintains an Overweight rating on Chatham Lodging (NYSE:CLDT) but has lowered the price target from $16 to $14.
July 27, 2023 | 11:37 am
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Barclays maintains an Overweight rating on Chatham Lodging but lowers the price target from $16 to $14.
The news is directly related to Chatham Lodging (CLDT). Barclays' decision to maintain an Overweight rating indicates a positive outlook for the company. However, the lowering of the price target from $16 to $14 may create some uncertainty among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100