Piper Sandler Maintains Neutral on Sotherly Hotels, Raises Price Target to $2.25
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Goldfarb maintains a Neutral rating on Sotherly Hotels (NASDAQ:SOHO) and raises the price target from $2 to $2.25.
August 11, 2023 | 3:58 pm
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NEUTRAL IMPACT
Piper Sandler maintains a Neutral rating on Sotherly Hotels and raises the price target from $2 to $2.25.
The news directly pertains to Sotherly Hotels (SOHO). Piper Sandler's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $2 to $2.25 suggests a positive outlook in the longer term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100