Morgan Stanley Maintains Underweight on Xenia Hotels & Resorts, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Trent has maintained an 'Underweight' rating on Xenia Hotels & Resorts (NYSE:XHR) and lowered the price target from $11 to $10.
August 25, 2023 | 2:41 pm
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Morgan Stanley has maintained an 'Underweight' rating on Xenia Hotels & Resorts and lowered the price target from $11 to $10.
The 'Underweight' rating maintained by Morgan Stanley indicates a negative outlook for Xenia Hotels & Resorts. The lowering of the price target from $11 to $10 further suggests that the analyst expects the stock price to decrease in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100