B. Riley Securities Maintains Buy on Xenia Hotels & Resorts, Lowers Price Target to $16
Portfolio Pulse from richadhand@benzinga.com
B. Riley Securities analyst Bryan Maher has maintained a 'Buy' rating on Xenia Hotels & Resorts (NYSE:XHR) but lowered the price target from $19 to $16.
August 14, 2023 | 1:13 pm
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NEUTRAL IMPACT
B. Riley Securities has maintained a 'Buy' rating on Xenia Hotels & Resorts but lowered the price target from $19 to $16.
The news is directly related to Xenia Hotels & Resorts and is likely to influence investor sentiment. The maintained 'Buy' rating indicates continued confidence in the company, but the lowered price target may suggest a slower growth outlook. This could have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100